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Bulls Running Show; Cryptos Struggle Down again, Medium Bull Update: Round 5! Bloody Noses and Black Eyes Cont! Red And Black Attack! All That Glitters. Bells Getting Rung! Aussie - US Connection

November 21, 2025

Sin City Sydney, Australia
Thank God It's Friday; Working On Less Risk

ASX futures down 125 points/1.5%: 8446
Wall Street:
S&P 500 -1.1%
Dow Jones: -0.4%
Nasdaq -1.4%

Europe:
Stoxx 50 +0.5%
FTSE +0.2%
DAX +0.5%
CAC +0.3%

Aust dollar +0.1% to US64.84 cents

Bitcoin -2.1% to $US86,705
Gold +0.1% to $US4082.80 per ounce
Oil -0.5% to $US59.14 a barrel
Brent crude oil -0.2% to $US63.36 a barrel
Iron ore -0.2% to $US104.10 per ton

10-year yield:
US 4.10%
Australia 4.46%
Germany 2.71%

Bitcoin: (Near Live) $87,277.10 -3.50%

News Update: (Near Live)

News

New York/Wall St via Mr Wolf!
The November Man!
20 Nov
Tiresome Thurs In New York

Cryptos Today: (Near Live)

Moody: Cryptos lose shine again!

Bitcoin $87,277.10 -3.50%
Ethereum $2,884.53 -3.32%
Tether $0.9988 -0.06%
Binance Coin $876.37 -1.82%
XRP $2.0261 -3.31%
Solana $134.50 -0.79%
TRON $0.2798 -2.34%
Dogecoin $0.1514 -1.16%
Cardano $0.4399 -3.91%

Market scares! Mood: Somber-like for many; picking up for some in traditional sectors! Hardcores keep dream! Many bears selling out!

Media Man Favs:

(Near Live)

Bells Rung by Mr Wolf! TKO kicks out, down but far from out; Comeback! Christmas Grinch Comes Early for some! Santa gives little for miners, gamers, some tech heads and grapplers!

Wall St, New York

TKO Group Holdings Inc $176.49 -11.88 -6.31%
NVIDIA Corp $180.64 -5.88 -3.15%
Formula One Group Series A $85.90 -1.54 -1.76%
Alphabet Inc Class A $289.45 -3.36 -1.15%
News Corp Class A $24.80 -0.17 -0.68%
Netflix Inc $105.67 -4.33 -3.94%
Caterpillar Inc $546.13 -6.98 -1.26%
Trump Media & Technology Group Corp $10.35 +0.060 +0.58%
Tesla Inc $395.05 -8.94 -2.21%
Walt Disney Co $102.70 -1.97 -1.88%
Wynn Resorts Ltd $117.14 -1.18 -1.00%
Meta Platforms Inc $589.22 -1.11 -0.19%
BHP Group Ltd (NYSE) $52.58 -0.89 -1.66% (NYSE)
Mercedes Benz Group ADR $16.13 -0.29 -1.77%
Elders ADR $19.73 (US)
Rio Tinto Ltd $85.00 -0.65 -0.76% (US)
Paramount Skydance Corp $15.68 +0.21 +1.36%
Red Light Holland Corp $0.019 -0.0023 -10.71%

News

The Dollar's new edge: from shield to sword

• The dollar is losing its safe-haven status. • The scale of the Fed's rate cuts has been overestimated. • The yen is the main favourite for 2026. • BoJ may not raise rates until March. If the US dollar was previously a shield, it is now turning into a sword. (FxPro)

News

Crypto market accelerates decline

Market Overview

The crypto market is experiencing a sharp decline, losing another 4% over the past 24 hours and falling back to $3.07 trillion, its lowest level since early May. The decline is accelerating relative to the trend observed since 10 October. At this stage, the market is being dragged down by major coins — Bitcoin, Ethereum, XRP — which are losing more than 5%, while some altcoins remain in the shadows. It is unlikely that this should be considered a sign of strength for coins such as Monero (+2.7%), Tron (-1.8%) or Bitcoin Cash (-2.4%). It would be more accurate to say that the bears have not yet reached them.

Bitcoin fell below $90K, trading at its lowest levels since the end of April. As expected, the dip below the 50-week moving average at the end of last week triggered sellers, confirming the breakdown of the bullish trend that had lasted for the previous two years. Now, the working scenario appears to be a chance for BTC to dip to its 200-week moving average. In 2022, this path took 9 weeks, and over 30 weeks to form the bottom.

Ethereum fell below $3,000, following Bitcoin, which rolled back below its 50-week moving average. In this case, the 200-week average (approximately $2,300) will deter sellers, and we are considering a decline to $1,700 as a working pessimistic scenario.

News Background

According to CoinShares, global investment in crypto funds declined by $2.036 billion last week, marking the third consecutive week of outflows. Investments in Bitcoin fell by $1.378 billion, in Ethereum by $689 million, in XRP by $16 million, and in Solana by $8 million. Investments in Sui rose by $6 million, in Litecoin by $3 million, and in ETFs with multiple crypto assets by $31 million.

The fall of Bitcoin from its record highs in October was triggered by the capitulation of short-term holders, rather than the distribution of coins by long-term investors, according to XWIN Research.

Ethereum is entering a Supercycle phase like the one that brought Bitcoin a hundredfold increase since 2017, said BitMine CEO Tom Lee. In his opinion, the market decline is attributed to issues with several large market makers attempting to provoke liquidations in Bitcoin.

The inflow of stablecoins to Binance reached $9 billion in 30 days. The indicator is close to historical peaks, which previously preceded strong market movements, notes CryptoOnchain analyst. In his opinion, capital in standby mode can quickly change the market dynamics in favour of the ‘bulls’.

Strategy's business model is entirely dependent on funds buying its shares and is built on ‘fraud,’ said Peter Schiff, a well-known cryptocurrency critic and gold advocate. Since July, Strategy's shares have fallen by more than 50%, and recently, its capitalisation has fallen below the value of its assets. (FxPro)

News

The crypto is set for a short-term rebound, not a full recovery

Market Overview

The crypto market cap has lost 9.5% over the past seven days. The decline took place on weekdays last week, with the level stabilising around $3.25 trillion over the weekend. Among altcoins, the standout is the unsinkable Zcash at $700, nearing its highs, and weak Solana and Ethereum, which have lost 45% and 40% from their August and September highs, respectively.

The crypto sentiment index recorded values of 10 on Saturday and Sunday, marking a return to the lows of late February this year. Although this was a good point to buy on the rebound in the following days, the downward trend continued for almost a month and a half. Market dynamics since the beginning of October have been reminiscent of those seen at the end of January. This is good news for short-term buyers but may cause medium-term buyers to stay on the sidelines for a while.

Bitcoin slipped below $93K during illiquid trading early in the day, but found impressive buyer interest there, rising to $95.6K. Whether this is a short-term rebound or the beginning of a recovery can only be determined after it consolidates above $100,000. There is a high chance that the strategy of selling on rebounds will remain prevalent.

News Background

Outflows from spot Bitcoin ETFs in the US continue for the third week in a row. According to SoSoValue, net outflows from spot BTC ETFs totalled $1.11 billion last week, slightly lower than the previous week's outflows, resulting in a total inflow of $58.85 billion into these products since January 2024.

Net outflows from spot Ethereum ETFs in the US continue for the second week in a row, amounting to $728.6 million. The cumulative net inflow since the launch of ETFs in July 2024 has fallen to $13.13 billion.

Inflows into the recently launched Solana spot ETFs in the US have continued for the third consecutive week, totalling $382.1 million. However, during this time, the price has fallen by a third, reinforcing the idea that entering traditional financial markets does not necessarily promise price growth.

Long-term Ethereum holders have increased their sales to 45,000 ETH per day, the highest level since February 2021, according to Glassnode. Long-term Bitcoin holders are also actively selling their holdings. According to CryptoQuant, they have dumped 815,000 BTC on the market over the past month.

Miner Bitfarms has announced a gradual phase-out of Bitcoin mining and a transition to developing infrastructure for artificial intelligence. The company reported a net loss of $46 million in its third-quarter report. (FxPro)

News

Gold stabilised at $4,000, but the upward trend has already broken down Gold has stabilised around the $4,000 mark over the last ten days, ending the week at roughly the same level as it started. Attempts by sellers to push the price below $3,900 are meeting with impressive buying interest.

This is facilitated by the Supreme Court, which is considering the illegality of US tariffs. If Donald Trump is defeated, the money will have to be returned. As a result, the budget deficit and public debt will increase, leading to chaos in the financial markets. Concerns about this are prompting investors to seek refuge in safe-haven assets. However, this all appears to be an attempt to play the old card, which can only delay the inevitable.

According to estimates by the World Gold Council, central bank purchases of bullion in 2025 are expected to amount to 750-900 tonnes. In each of the previous three years, the figure exceeded 1,000 tonnes. China's cancellation of VAT credits for precious metal retailers will increase prices for the jewellery industry and lead to a decline in demand. ETF stocks are falling.

HSBC, Bank of America and Societe Generale continue to stick to their forecasts of $5,000 per ounce. However, the gold rally has broken down. Selling on the rise is becoming relevant. (FxPro)

News

Crypto bulls fail to maintain momentum

Market Overview

The crypto market has gained 1% over the past 24 hours, the first increase after four days of decline. The market is stabilising at levels just above $3.4 trillion, close to May's local highs. The situation currently resembles a pause in the decline rather than a serious reversal, due to somewhat cautious sentiment in the stock markets and the strengthening of the dollar since the second half of September. Ironically, this reversal coincides with the resumption of the easing cycle of monetary policy. The sentiment index has emerged from the zone of extreme fear, which also coincided with a market rebound. According to the creators of such an index, now is the right time for bulls. Still, traders should be cautious with such an interpretation, as the previous rebound from extreme fear was not long-lasting, and the market is now 5% below the local low of 17 Oct, when sentiment last recovered from extreme anxiety. Bitcoin is trading near $103,000, pausing its rebound but remaining far from its recent lows. The bulls managed to bring the coin back above the 50-week moving average, but there is still a lot of time left until the end of the week, and for now, time is on the bears' side. On intraday charts, it looks as if the rebound has run out of steam and sellers are ready to seize the initiative again.

News Background

Cryptocurrencies are under pressure from general risk aversion in global markets. Among the factors are concerns about the Fed's interest rate and the situation in the credit sector, according to Hashdex. Wintermute attributes the worst performance of cryptocurrencies among all other asset classes to the redistribution of cash flows to other markets. Short-term Bitcoin holders continue to sell cryptocurrencies at a loss, using any rebound as an opportunity to sell, notes analyst Darkfost. However, accumulator addresses — wallets that only buy and never sell — have acquired a record 375,000 BTC over the past month. Amid the asset's decline, French company Sequans Communications, which accumulates Bitcoin, was forced to sell 970 BTC to partially repay its convertible debt. The company's reserves fell from 3,234 to 2,264 BTC. Japanese company Metaplanet, on the other hand, is raising funds to purchase bitcoins. On 31 October, the company received a $100 million loan secured by its reserves. Ripple announced that it had raised $500 million in strategic investments (with a valuation of $40 billion) from major institutional players. Zcash (ZEC) could become an alternative to Bitcoin among those who fear the centralisation of BTC due to Wall Street and are concerned about the tracking of on-chain transactions, according to Galaxy Digital. Supporters of the private coin refer to it as ‘encrypted Bitcoin’ and a return to the principles of the cypherpunks. (FxPro)

News Lead Up

Price Movements and Market Outlook

Spot Gold Dips Slightly: Gold traded at $4,068.70 per troy ounce on November 17, down 0.36% from the previous day. This extends a two-day losing streak amid fading bets for a December Fed rate cut, with the probability dropping below 50%. However, the metal remains up 55.75% year-over-year, supported by broader safe-haven demand.

Recent Rally: Prices surged nearly 3% earlier in the week to a two-week high, driven by soft U.S. economic indicators that bolstered rate-cut hopes and lifted non-yielding assets like gold.

Forecast: Analysts see potential upside if gold sustains above $4,100, targeting $4,140–$4,145, and possibly $4,200. A break below $4,000 could accelerate declines toward $3,900. A weaker USD and softer risk sentiment are keeping a floor under prices, amid concerns over the ongoing U.S. government shutdown impacting economic momentum.

Global Demand and Regional Updates

India and China Cooling: Physical demand in India stayed subdued due to volatile prices, leading to steep discounts for the first time in seven weeks post-festivals. In China, a state bank halted new retail gold accounts after tax exemptions were tweaked, likely curbing demand in the world's top consumer market. Premiums rose in other Asian hubs as global rates eased.

Investment Trends: First-time gold investing hit its strongest levels since the Global Financial Crisis, per recent surveys, signaling renewed interest amid uncertainty.

Buzz on X (Recent Posts) Social discussions highlight gold's role as a hedge against crypto volatility and inflation: Users are buying gold amid Bitcoin's dip into the $80Ks, viewing it as a tangible alternative to "digital tulips."

News

Gold: correction is not over yet

The strengthening of the US dollar and higher Treasury yields have brought the gold price back below $4000.

Yellow metal is gradually losing its wild cards. It managed to reach a record high thanks to devaluation trading, expectations of aggressive monetary expansion by the Fed, Donald Trump's threats of 100% tariffs against China, geopolitics, pessimistic forecasts for the global economy, and active purchases of bullion by central banks.

However, the White House is no longer attacking the Fed as aggressively as before. The US and China have found common ground. The Middle East conflict has been resolved, and the global economy is proving resilient in the face of tariffs. The Fed is cautious about lowering rates, and central bank activity in the bullion market is declining.

The other two examples of similar velocity of gold rose were 1979 and 2011. The experience of those years shows that the surge and collapse were followed by long periods of consolidation. In other words, after a period of retreat from the top, the precious metal will find its trading range and settle within it. But for the weeks ahead, we continue to see more risks of further decline. (FxPro)

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

Weekly data from the EIA noted that the US returned to record oil production rates last week, supplying an average of 13.6 million barrels per day to the market, according to the latest EIA data. The trend towards increased supply began in August, but producers have only now returned to the peak levels recorded at the end of last year. Despite a 5.5-million-barrel increase in US commercial inventories over the past two weeks, inventories stay at the lower end of the range seen over the past decade, leaving considerable room for growth. The same can be said for the strategic reserve, which holds nearly 40% less oil than it did five years ago, before the start of the active sell-off. It is an interesting game in which, on the one hand, the US (the largest oil producer) is increasing supplies, while OPEC+ is increasing quotas on a monthly basis. This extremely bearish combination of factors did not cause oil prices to collapse; it was only because of global trade in currency depreciation that caused precious metals, stock indices, and cryptocurrencies to rise. Oil prices have not peaked in recent weeks .. To be cont .. (FxPro)

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

The impressive 52% rally in gold started in April with the introduction of tariffs on America's Liberation Day. It continued due to the US government shutdown, the political crisis in France, and the change of leadership in Japan. he rise of gold above 4,000 dollars per ounce is not only the result of the weakness of fiat currencies. There are tectonic shifts in the structure of investment portfolios and fears of financial crises due to government recklessness.

The share of precious metals is growing both in speculators' assets and in the gold and foreign exchange reserves of central banks. The indicator has already exceeded the share of the euro. According to Eurizon Capital, if it equals the share of the US dollar, the price per ounce will soar to 8,500 dollars. The Supreme Court's abolition of tariffs will inflate the US budget deficit. France does not intend to reduce it, and Japan plans to increase bond issuance. All this creates a tailwind for commodity assets. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
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Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
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Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
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Bulls vs Bears
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Santa's Helper vs Grinch
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VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes

News

Cryptocurrency Movies
Docos

The Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)
Directed by Torsten Hoffmann, this documentary dives into blockchain’s broader applications beyond cryptocurrency, addressing scalability and regulatory challenges. Ideal for those interested in blockchain’s transformative potential.

Trust Machine: The Story of Blockchain (2018) Narrated by Rosario Dawson, it explores blockchain’s societal impact, from financial inclusion to voting systems. A comprehensive look at real-world applications.

Bitcoin: The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019)
A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy. For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a drama about ambition and greed in the 1980s financial world. It follows Bud Fox (Charlie Sheen), a young stockbroker desperate to succeed, who gets entangled with Gordon Gekko (Michael Douglas), a ruthless corporate raider. Gekko’s mantra, “Greed is good,” drives the story as Bud is lured into insider trading and unethical deals, compromising his morals for wealth and power.

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Key Details: Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Crypto and Culture

Bulls Still Running Show; Cryptos Struggle, Medium Bull Update: Round 1! Bloody Noses and Black Eyes Cont! Red And Black Attack! All That Glitters. Bells Getting Rung! Aussie - US Connection

November 17, 2025

Sin City Sydney, Australia

ASX futures down 17 points/0.2% to 8808

Wall Street:
S&P 500 -0.1%
Dow Jones: -0.7%
Nasdaq +0.1%

Europe: Stoxx 50 -0.9%
FTSE -1.1%
DAX -0.7%
CAC -0.8%

Australian dollar: US65.33 cents

Bitcoin -2% to $US93,961

Gold -2.1% to $US4084.06 per ounce
Oil +2.4% to $US60.09 a barrel
Brent crude oil +2.2% to $US64.39 a barrel
Iron ore -0.3% to $US102.50 per ton

10-year yield:
US 4.15%
Australia 4.43%
Germany 2.72%

News Update: (Near Live)

Bitcoin: $94,402.04 -1.29%

New York/Wall St via Mr Wolf!
The November Man!
16 Nov

Cryptos Today: (Near Live)

Moody: Cryptos loosing shine again!

Bitcoin $94,489.19 -1.20%
Ethereum $3,101.05 -2.17%
Tether $1.0020 -0.20%
Binance Coin $928.81 -0.38%
XRP $2.4118 $2.2324 -0.67%
Solana $138.10 -1.20%
TRON $0.2931 -0.60%
Dogecoin $0.1594 -2.53%
Cardano $0.4862 -3.57%

Market scares! Mood: Still somber-like for many; picking up for some in traditional sectors! Regaining smiles in selected cases! Hardcores keep dream! Many bears sell out!

Media Man Favs:

(Near Live). Bells Rung by Mr Wolf! TKO kicks out, winning again today! Christmas Grinch Comes Early for some! Live ticket sales a talking point. Santa gives little for miners, gamers, some tech heads and grapplers!

Wall St, New York

TKO Group Holdings Inc $184.09 +1.45 +0.79%
NVIDIA Corp $190.17 +3.31 +1.77%
Formula One Group Series A $90.12 -1.58 -1.72%
Alphabet Inc Class A $276.41 -2.16 -0.78%
News Corp Class A $26.15 -0.12 -0.46%
Netflix Inc $1,112.17 -42.06 -3.64%
Caterpillar Inc $554.03 +0.48 +0.087%
Trump Media & Technology Group Corp $11.07 -0.96 -7.98%
Tesla Inc $404.35 +2.36 +0.59%
Walt Disney Co $105.80 -1.81 -1.68%
Wynn Resorts Ltd $120.73 -2.28 -1.85%
Meta Platforms Inc $609.46 -0.43 -0.071%
BHP Group Ltd (NYSE) $55.23 -0.72 -1.29% (NYSE)
Mercedes Benz Group ADR $17.17 -0.11 -0.64%
Elders ADR $19.73 (US)
Rio Tinto Ltd $87.00 +0.53 +0.61% (US)
Paramount Skydance Corp $15.68 +0.31 +2.02%
Red Light Holland Corp $0.024 +0.0012 +5.38%

News

Good news for Crypto bargain hunters

Market Overview

The cryptocurrency market jumped 4.5% in the last 24 hours, following reports of progress in ending the US government shutdown and promises by the US president to distribute $2,000 checks to families, with the funds received from tariffs. The positive effect of this news has been amplified by the fact that a more than 20% pullback from the peak has fuelled greed. Among the top coins, Ethereum (+5.8%) and XRP (+8%) are growing steadily, outperforming Bitcoin, which is up 4.5%.

Bitcoin surpassed the $106K mark, breaking out of the $99–$ 104K consolidation zone, where it spent most of last week. At the same time, the first cryptocurrency is trading below its 50- and 200-day moving averages.

Moreover, a death cross is forming there, as the first of these averages is about to fall below the latter.

The technical picture for Ethereum is more favourable, as the bulls did not allow the coin to consolidate below the 200-day MA and pushed it up on the latest positive news. From current levels near $3,600, the nearest target for buyers appears to be $4,000, which promises to be an important signal of market health.

News Background

Following the market crash on October 10-11, whales sold 32,500 BTC, while small investors actively bought on the dips. This is an alarming sign for Bitcoin, as historically, prices tend to follow the direction of whales, according to Santiment.

Bitcoin's deleveraging phase is ‘largely complete’ after the sell-off. The first cryptocurrency could rise to $170,000 over the next 6-12 months, according to JPMorgan's forecast.

The ‘sluggish dynamics’ of the crypto market are linked to the rebalancing of hodlers' portfolios. This may have a negative impact in the short term, but is beneficial in the medium and long term, said Galaxy Digital founder Mike Novogratz.

ARK Invest CEO Cathie Wood said she was forced to revise her long-term forecast for Bitcoin for 2030 from $1.5 million to $1.2 million. She cited the rapid growth of stablecoins, which are displacing BTC among investors in emerging markets.

According to a survey by the Alternative Investment Management Association (AIMA) and PwC, 55% of traditional hedge funds owned cryptocurrencies in 2025. Last year, the figure was 47%.

Ripple denied plans to hold an IPO. The company does not intend to go public in the near future, following the example of several participants in the cryptocurrency industry. (FxPro)

News

HSBC, Bank of America and Societe Generale continue to stick to their forecasts of $5,000 per ounce. However, the gold rally has broken down. Selling on the rise is becoming relevant. (FxPro)

News

Crypto bulls fail to maintain momentum

Market Overview

News Background

Newsfeed

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Market Overview

The crypto market continues its impressive decline, losing another 2.4% over the past 24 hours. Having fallen to a low of $3.3 trillion, the market is now at its lowest point since early July. A steady move below the 200-day moving average and a drop of more than 20% from its peak are sure signs of a bear market. Perhaps crypto enthusiasts are confident that this is a temporary decline, similar to the one seen in March and April.

However, we would prefer not to rule out the possibility of another bear market starting in the coming years. At a time when many have buried the 4-year cycles, we still see that they have only lost amplitude but have generally retained their influence. According to these patterns, the market is close to or has already passed its peak for the next couple of years, which explains the intense selling pressure since Oct.

Bitcoin fell to five-digit price levels overnight, touching lows just below $99,000 twice. BTC traded steadily below these levels from February to May. And then there was a psychologically significant consolidation period in December and January. The market is now undergoing a critical test. Another step down will open the way to the $60,000-$70,000 range. However, there is a theoretical chance that BTC will quickly rebound by the end of the week from the 50-week moving average, which has served as a global support since the first half of 2023.

News Background

Early investors continue to sell off cryptocurrency. Over the past 30 days, long-term holders have sold 400,000 BTC — about 2% of the total supply of the asset, according to WeRate. Additional pressure is coming from continued outflows from spot Bitcoin ETFs.

The US government shutdown, now in its second month, is also putting pressure on Bitcoin. Another factor is the Coinbase premium, which remains in negative territory, according to CryptoQuant. This indicates sustained pressure from US sellers.

At the same time, there has been a record outflow of stablecoins from exchanges, indicating a shift of capital from risky assets to safe-haven dollar instruments. Demand for Bitcoin from institutional investors has declined, according to Capriole. For the first time in seven months, net purchases have fallen below the daily issuance of the asset.

Bitcoin has lost significant growth potential due to the influence of large financial institutions and government structures, according to Peter Thiel, the former PayPal CEO and billionaire.

Strategy intends to conduct its initial public offering on the European stock market, issuing 3.5 million preferred shares denominated in euros. The funds will be used to purchase bitcoins and replenish working capital. (FxPro)

News

Gold: correction is not over yet

The strengthening of the US dollar and higher Treasury yields have brought the gold price back below $4000.

News

Crypto is on the verge of a bear market

Market Overview

The crypto market cap has fallen to $3.47 trillion. This is 4% lower than the previous day and 19% off from the global peak set just four weeks ago. Sellers are pushing cryptocurrencies into bear market territory (unofficially, this occurs when there is a 20% decline from the peak) in the hope that the sell-off will be self-sustaining near this point. However, we are also seeing signs of a similar accelerated sell-off at the start of the week, following a lull from Friday to Sun.

The sentiment index has fallen to 21, the lowest level since 9 April, indicating extreme fear. Last month, entering this territory triggered a rebound, but the market has already fallen below those levels. As we previously suggested, the initial surge of extreme fear levels is only the beginning of a prolonged period of volatility in this territory. This period is also characterised by an even more substantial decline in altcoins compared to the first cryptocurrency.

Bitcoin plummeted below $ 105K, shedding nearly 3% in the past 24 hours. Excluding short-term slips last month, BTC has not traded lower since June. By and large, it is now testing levels that served as resistance last December and Jan.

News Background

According to CoinShares, global investment in crypto funds declined by $360 million last week, following inflows the week before. Only investments in Bitcoin declined, by $946 million. Investments in altcoins increased, with notable gains in Ethereum by $58 million, in Solana by $421 million, in XRP by $43 million, and in Sui by $9 million.

QCP Capital recorded large transfers of Bitcoin to the Kraken exchange by early investors. According to analysts, the current consolidation resembles the period before the breakthrough in 2024. Otherwise, it could signal the beginning of a crypto winter.

Bitcoin is not showing growth as early investors pass the baton to long-term holders. The recovery of the first cryptocurrency is only possible after the ETF and Strategy resume large-scale purchases, according to CryptoQuant.

Strategy bought 397 bitcoins last week at an average price of $114,771. Strategy now owns 641,205 BTC worth $47.49 billion at an average purchase price of $74,057 per coin. The company's weekly BTC purchase volumes remain close to record lows.

Another record was set in October by the Ethereum network, with stablecoin transactions reaching $2.8 trillion last month. Circle's USDC was the leader, accounting for $1.6 trillion of the total turnover. (FxPro)

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling (MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov

News

Cryptocurrency Movies
Docos

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Crypto and Culture

Super Bulls Running Show; Cryptos Still Hurting; Medium Bull Update: Round 5! Bloody Noses and Black Eyes! Red And Black Attack! Black Friday! All That Glitters ... Elon Smiles Again!

November 10, 2025

Sin City Sydney, Australia
Mad Monday!

ASX futures up 23 points or 0.3% to 8794
Wall Street:
S&P 500 +0.1%
Dow Jones: +0.2%
Nasdaq -0.2%

Europe:
Stoxx 50 -0.8%
FTSE -0.6%
DAX -0.7%
CAC -0.2%

Australian dollar at US64.88 cents

Bitcoin +3% to $US104,999

Gold +0.6% to $US4001.26 per ounce
Oil +0.5% to $US59.75 a barrel
Brent crude oil +0.4% to $US63.63 a barrel
Iron ore -2.4% to $US101.45 per ton

10-year yield:
US 4.10%
Australia 4.35%
Germany 2.66%

News Update: (Near Live)

Bitcoin: $104,464.32 +2.11%

New York/Wall St via Mr Wolf!

Cryptos Today: (Near Live)

Moody: Part Corrective agub! Mainly uphill. Salt Into The Wound Again?! Or Salt Of The Earth. Red turns to green?

Bitcoin $104,464.32 +2.11%
Ethereum $3,577.97 +5.00%
Tether $0.9999 -0.01%
Binance Coin $996.71 -0.13%
XRP $2.3401 +2.08%
Solana $165.15 +4.40%
TRON $0.2914 -0.16%
Dogecoin $0.1799 +2.26%
Cardano $0.5800 +2.27%

Market part corrective! Mood: Still somber-like for many but picking up! Upswing again! Suspicious! Regaining smiles in selected cases! Hardcores keep the dream!

Media Man Favs:

(Near Live). Bells Rung by Mr Wolf! TKO kicks out and winning again today! Christmas Grinch Comes Early for some!

Wall St, New York

TKO Group Holdings Inc $182.56 +1.59 +0.88%
NVIDIA Corp $188.15 +0.070 +0.037%
Formula One Group Series A $92.25 -1.46 -1.56%
Alphabet Inc Class A $278.83 -5.92 -2.08%
News Corp Class A $26.72 +1.64 +6.54%
Netflix Inc $1,103.66 +6.64 +0.61%
Caterpillar Inc $563.10 -6.68 -1.17%
Trump Media & Technology Group Corp $13.10 -0.23 -1.73%
Tesla Inc $429.52 -16.39 -3.68%
Walt Disney Co $110.74 +0.25 +0.23%
Wynn Resorts Ltd $126.14 +3.60 +2.94%
Meta Platforms Inc $621.71 +2.77 +0.45%
BHP Group Ltd (NYSE) $55.16 -0.45 - 0.81% (NYSE)
Mercedes Benz Group ADR $16.92 +0.22 +1.32%
Elders Ltd $6.69 -0.100 -1.47%
Rio Tinto Ltd $82.03 -2.012.39% (US)

News

Gold stabilised at $4,000, but the upward trend has already broken down

Gold has stabilised around the $4,000 mark over the last ten days, ending the week at roughly the same level as it started. Attempts by sellers to push the price below $3,900 are meeting with impressive buying interest.

HSBC, Bank of America and Societe Generale continue to stick to their forecasts of $5,000 per ounce. However, the gold rally has broken down. Selling on the rise is becoming relevant. (FxPro)

News

Crypto bulls fail to maintain momentum

Market Overview

The crypto market has gained 1% over the past 24 hours, the first increase after four days of decline. The market is stabilising at levels just above $3.4 trillion, close to May's local highs. The situation currently resembles a pause in the decline rather than a serious reversal, due to somewhat cautious sentiment in the stock markets and the strengthening of the dollar since the second half of September. Ironically, this reversal coincides with the resumption of the easing cycle of monetary policy. The sentiment index has emerged from the zone of extreme fear, which also coincided with a market rebound. According to the creators of such an index, now is the right time for bulls. Still, traders should be cautious with such an interpretation, as the previous rebound from extreme fear was not long-lasting, and the market is now 5% below the local low of 17 October, when sentiment last recovered from extreme anxiety. Bitcoin is trading near $103,000, pausing its rebound but remaining far from its recent lows. The bulls managed to bring the coin back above the 50-week moving average, but there is still a lot of time left until the end of the week, and for now, time is on the bears' side. On intraday charts, it looks as if the rebound has run out of steam and sellers are ready to seize the initiative again.

News Background

Newsfeed

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Market Overview

News Background

Bitcoin has lost significant growth potential due to the influence of large financial institutions and government structures, according to Peter Thiel, the former PayPal CEO and billionaire.

News

Gold: correction is not over yet

The strengthening of the US dollar and higher Treasury yields have brought the gold price back below $4000.

News

Crypto is on the verge of a bear market

Market Overview

News Background

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling (MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!

News

Cryptocurrency Movies
Documentaries

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets

Nov 5, 2025

ASX futures up 0.2% at 8832 as of 7.57am AEDT
Wall Street: S&P 500 -1.1%, Dow Jones: -0.5%, Nasdaq -2%
Europe: Stoxx 50 -0.3%, FTSE +0.1%, DAX -0.8%, CAC -0.5%
Australian dollar -0.8% at US64.86 cents at 7.57am AEDT
Bitcoin -6% to $US100,548 on Bitstamp at 8am AEDT
Spot gold -1.6% to $US3938.33 per ounce at 8.01am AEDT
US oil -1% to $US60.41 a barrel at 7.49am AEDT
Brent crude -0.8% to $US64.36 a barrel at 7.49am AEDT
Iron ore -1.3% to $US104.52 per tonne (Singapore 62% grade)
10-year yield: US 4.09% Australia 4.34% Germany 2.65%

Magnificent 7, Markets, Stocks

Videos via Yahoo! Finance YouTube

Microsoft Q1 earnings top Wall Street estimates

Alphabet Q3 earnings beat Wall Street expectations

Apple Q4 earnings preview: Analyst says that there's 'a lot of good news built into the shares'

Big Tech earnings show AI bullishness, OpenAI reportedly sets stage for massive $1 trillion IPO

Nvidia's record climb to $5 trillion

Microsoft, Starbucks, and Chipotle: Earnings breakdown

Websites

Yahoo! Finance

Google Finance

What Are FAANG Stocks?

FAANG (often stylized as FAANGs or sometimes misspelled as FAANGS) is a popular acronym coined by investor Jim Cramer in 2013 to describe five dominant U.S. technology companies known for their massive market influence, innovation, and stock performance. These companies are leaders in social media, e-commerce, consumer electronics, streaming, and search/advertising. They represent a significant portion of the S&P 500 index (around 17-20% as of late 2024) and are often used as a benchmark for the broader tech sector.The acronym stands for:

October 30, 2025

Facebook (now Meta Platforms)
Apple
Amazon
Netflix
Google (now Alphabet Inc.)

Note: Variations exist, such as FAAMG (replacing Netflix with Microsoft) or the broader "Magnificent 7" (adding Microsoft, Nvidia, and Tesla). However, the original FAANG remains the most common reference.Current Snapshot (as of October 31, 2025)Here's a quick overview of the FAANG companies, including their stock tickers and approximate latest closing prices (sourced from real-time market data via Polygon API). Prices fluctuate, so check a live source for the most up-to-date values.Company

Meta Platforms
META
Social Media & Metaverse
670.96

pple
AAPL
Consumer Electronics & Services
282.73

Amazon
AMZN
E-Commerce & Cloud Computing
249.20

Netflix
NFLX
Streaming Entertainment
1,121.63

Alphabet
GOOGL
Search, Advertising & AI
281.55

World News, Markets: Australia and New York, Biz, Culture, News

October 2025

Freaky Friday Further Spooks Market, Investors Of All Nature; Did You Survive October?!

Numbers: (Near Live)

Sharemarket

Gold 4,002.93 +0.32 +0.01%

Bitcoin $109,675.25 +1.61%

Ethereum $3,861.37 +2.34%

Alphabet Inc Class A $281.19 -0.29 -0.10%

TKO Group Holdings Inc $188.40 +0.62 +0.33%

Netflix Inc $1,118.86 +29.86 +2.74%

Microsoft Corp $517.81 -7.95 -1.51%

BHP Group Ltd $43.45 -0.43 -0.98%

Rio Tinto Ltd $132.87 -0.56 - 0.42%

Oct 31

Gold: correction is not over yet

The strengthening of the US dollar and higher Treasury yields have brought the gold price back below $4000.

News

Verbal interventions do not help yen

The Fed will make things clear
The ECB may lower rates in the future.

• The truce between the US and China is fragile.
• The Bank of Japan has not given any signals.
• Interventions did not scare USDJPY.

The Bank of Japan's passivity and the ECB's reluctance to spring surprises weakened the yen and the euro, adding fuel to the USD index rally.

The market continues to reassess its views on the fate of the federal funds rate and is buying the US dollar. At the same time, growing uncertainty is boosting demand for the greenback as a safe-haven currency. The trade deal between the US and Beijing is being compared to a truce with hidden risks of escalation. The Supreme Court's cancellation of tariffs in November could even trigger chaos in the financial markets.

The ECB has no reason to complain about the eurozone economy. In the third quarter, it accelerated from 0.5% to 0.9% year-over-year, thanks to the gradual adjustment of exports to US tariffs, a strong labour market, solid household balance sheets, and a prolonged cycle of rate cuts.

However, risks remain. The Governing Council's doves warn of a slowdown in GDP and inflation under the influence of high US tariffs and a strong euro. The futures market gives a 40% probability of a deposit rate cut by mid-2026. This puts pressure on EURUSD. The euro could stumble at any moment and fall off the cliff near the 1.1550 mark.

On the contrary, the chances of a Fed rate cut in December fell from more than 90% at the start of the week to 67%. At the same time, Treasury bond yields are rising, which is supporting the US dollar.

USDJPY managed to restore its upward trend due to the Bank of Japan's reluctance to signal an increase in the overnight rate in the future. Kazuo Ueda cited uncertainty in the US economy and the need for new wage data, saying he was not afraid of a situation where sluggishness could trigger a surge in inflation.

The yen was not helped by the acceleration of consumer prices in Tokyo from 2.5% to 2.8% and verbal interventions. According to Finance Minister Satsuki Katayama, the government is closely monitoring speculative movements on Forex and is ready to intervene. However, such statements only temporarily cooled the bulls' enthusiasm for USDJPY. Moreover, hedge funds are positioned for the US dollar to rise towards 160 yen. (FxPro)

News

With no help from Powell, Crypto is again hoping for technical support

Market Overview

The crypto market cap continues to fall, dropping to $3.58 at the end of the day on Thursday, but stabilising near $3.7 trillion at the beginning of the day on Friday. In other words, we are seeing a local rebound, but each time, lower local highs are being recorded. On the other hand, since July, there have been enough buyers on dips in the $3.5 trillion range.

Bitcoin fell to $106K at the end of the day on Thursday. Attempts to recover on Friday with a return to $110K now look like a rebound. The first cryptocurrency has clearly fallen under stronger gravity in recent days. Perhaps the start of a new month will give buyers a boost. However, the aura of a historically positive month, so-called Uptober, lasted only for the first few days, followed by an impressive decline.

News Background

In recent months, long-term investors have increased their sales of BTC, tripling them from June to October, according to Glassnode. The primary buyers of the asset were investors who purchased Bitcoin at an average price of $93K.

The inability to consolidate above $113K after six months of steady trading at high levels indicates a weakening of buying activity. If the trend continues, a pullback to the next significant support level around $88K is possible, Glassnode warns.

In October, the volume of spot trading in Bitcoin on the largest exchanges reached a record high, exceeding $300 billion, according to CryptoQuant. This indicates an increase in liquidity and market stability.

Strategy founder Michael Saylor said that Bitcoin will reach $150K by the end of the year. His long-term forecast for the next 20 years assumes an average annual growth rate of approximately 30% for BTC.

According to Nansen, on-chain activity on the Ethereum network has risen to a monthly high. Despite this, fees on the ETH network remain near historic lows. The surge in on-chain activity comes amid a deterioration in other indicators. For example, the number of active addresses has been steadily declining since May.

The anonymous cryptocurrency Zcash has grown by 700% in a month due to a surge in ‘demand for privacy.’ The volume of secure transactions in Zcash reached a record 4.9 million ZEC. However, the ZEC price is still 89.2% below its historic high, reached in October 2016 at just under $3,200. (FxPro)

News Lead Up

Oct 28

The Fed will make things clear

Strong statistics are helping the dollar.

The Fed may spring a surprise.

The US asks the Bank of Japan to loosen its grip.

The Aussie becomes the favourite.

The de-escalation of the US-China trade conflict has shifted market attention to central bank monetary policy. Finance Minister Scott Bessent said that the negotiations had created a successful framework for the two countries' leaders to sign a deal. Beijing says a preliminary consensus has been reached. The risks of a trade war have receded, US stock indices have hit new highs, global risk appetite has increased, and the EURUSD has risen.

The futures market gives a 98% probability of a cut in the federal funds rate to 4% in October and a 95% chance of a cut to 3.75% in December. Derivatives expect a further cut in March. The ECB is expected to pause rate cuts until 2027. The deposit rate last fell to 2% in June. Since the summer, Christine Lagarde said the European Central Bank feels comfortable.

Some Bloomberg experts predict a rate hike in 2026. This would require an improvement in the European economy. Pleasant surprises from eurozone business activity and German business sentiment indicate positive GDP growth in the fourth quarter. In July-September, gross domestic product most likely grew by 0.1%.

The divergence in monetary policy between the ECB and the Fed, coupled with positive signals from the European economy, gives EURUSD bulls hope for a recovery in the uptrend. However, events in France continue to dampen the euro. The Socialists do not rule out a new vote of no confidence in the government if parliament do not accept their proposal to raise taxes on the rich to reduce the budget deficit.

While EURUSD awaits the results of the Fed and ECB meetings, the yen is strengthening thanks to verbal interventions. Government officials have stated that they will continue to closely monitor the dynamics of the yen on the international currency market. Finance Minister Satsuki Katayama noted that monetary policy issues were not directly discussed at the meeting with Scott Bessent. If they were discussed indirectly, the risks of currency intervention may increase. Investors preferred to play it safe and close some of their long positions on USDJPY. (FxPro)

News

The Land Down Under including ...

Sin City, Sydney, Australia ... and

The Bush Telegraph including Outback Australia

Oct 31

ASX finishes flat after Wall Street losses; ANZ unveils $1.1b profit hit

The Australian sharemarket spent most of the session in the green but ultimately finished flat, after a negative lead from Wall Street as investors digested a raft of corporate news and the meeting between US President Donald Trump and Chinese President Xi Jinping.

The S&P/ASX 200 closed the session 3.6 points, or 0.04 per cent, lower to 8881.9, dragged down by consumer discretionary (-1.7 per cent) and utilities (-1.1 per cent).

“Australian shares are down over the week after high September quarter inflation data signalled no chance of a rate cut at next week’s RBA meeting and raised doubt about future cuts,” said AMP Capital deputy chief economist Diana Mousina.

“There were large falls in healthcare, tech, consumer discretionary and real estate. European equities are up over the week and Chinese shares have had another strong rally and are outperforming.”

The Reserve Bank will be meeting next Tuesday, on Melbourne Cup Day, and is widely expected to keep rates on hold. Hopes of a cut were dashed after higher than expected inflation figures were released earlier this week.

“The [RBA] board is likely to be unanimous in its decision to keep rates steady,” said Mousina.

“Financial markets are pricing in some chance of another rate cut and pricing is unlikely to change after the meeting.”

Finishing at the top of the bourse was Healius, gaining 6 per cent. Vault Minerals rose 5.8 per cent and Westgold Resources lifted 5.4 per cent.

Financial stocks were mixed. Commonwealth Bank and Westpac both closed 1 per cent higher, while National Australia Bank declined 0.1 per cent and ANZ lost 0.6 per cent after it revealed a $1.1 billion hit to its profits due to a range of significant items, including costs relating to job cuts.

Mining stocks are also mixed. Among iron ore heavyweights, Rio Tinto added 0.4 per cent, BHP shed 1 per cent and Fortescue slid 0.9 per cent. Gold miners jumped as the price of the safe haven climbed back over $US4000. Evolution Mining gained 3.5 per cent, Newmont rose 3.2 per cent and Northern Star rose 3.5 per cent.

At the bottom of the index was insurance broker Steadfast Group, shedding 9.7 per cent. Alcoa Corporation fell 4.9 per cent and Lovisa fell 4.8 per cent.

In the energy sector, Santos fell 0.9 per cent while Woodside Energy rose 1.2 per cent. Origin Energy slumped 2.8 per cent, while AGL closed 1.3 per cent higher. Late on Friday, AGL said it had begun consultations with its workforce about job cuts as it reviews costs and proposes changes to its organisational structure. No decisions on redundancies have been made yet, but it is expected that about 200 employees will be affected.

Endeavour Group, the operator of Dan Murphy’s and BWS finished unchanged after a first-quarter update that showed retail liquor sales had fallen by 1.4 per cent. Meanwhile, the group’s pubs, clubs and hotels business grew sales by 4.4 per cent, driven by strength across all four pillars of food sales, bars, gambling and accommodation. Overall, total sales declined 0.3 per cent for the quarter.

The Australian dollar was trading at US65.46¢ at 4:17pm AEDT.

Overnight, the US sharemarket sank from its record heights as Wall Street sifted through mixed developments on everything from the US-China trade war to profits for big tech behemoths.

The S&P 500 fell 1 per cent and pulled further from its all-time high set on Tuesday. The Dow Jones Industrial Average slipped 109 points, or 0.2 per cent, and the Nasdaq composite dropped 1.6 per cent from its record set the day before.

Stocks were also mixed in Europe and Asia, coming off a much-anticipated meeting between the leaders of the world’s two largest economies. Trump hailed his talk with China’s Xi as a “12” on a scale of zero to 10, and Trump said he would cut tariffs on China. But while the talks may offer some stability for the near term, major tensions remain between the two countries.

Plus, stocks had already run to records earlier this week on expectations for potentially big improvements coming out of the Trump-Xi talks.

“The result was fine but fine isn’t good enough, given the expectations going in,” said Annex Wealth Management chief economist Brian Jacobsen. “The results were more like small gestures, instead of a grand bargain.”

Also feeling the burden of high expectations were some of Wall Street’s most influential stocks.

Meta Platforms dropped 11.3 per cent, cutting into what had been a 28.4 per cent jump for the year so far, and was the heaviest weight on the S&P 500. Analysts said investors were likely perturbed by how much Facebook’s parent company said it’s planning to spend in 2026. Companies across the industry have been on an investment spree to build out their artificial-intelligence capabilities, and the concern is whether it will all pay off.

Microsoft sank 2.9 per cent, even though it reported stronger profit and revenue for the latest quarter than analysts expected. Analysts pointed to how it also expects to spend more on investments in 2026 than in 2025, while growth for its Azure business may have fallen a bit short of some investors’ expectations.

On the winning side of big tech was Alphabet. Shares of Google’s parent company climbed 2.5 per cent after its profit and revenue for the latest quarter easily topped analysts’ expectations.

The yield on the 10-year Treasury held at 4.08 per cent, where it was late Wednesday, up from 3.99 per cent the day before Fed Reserve chair Jerome Powell’s warning of a looming end to quantitative tightening.

In sharemarkets abroad, indexes dipped by 0.5 per cent in France and by less than 0.1 per cent in Germany after the European Central Bank decided not to move its main interest rate.

News

Media (Global)

ESPN, ABC and more than a dozen other Disney-owned channels have disappeared from YouTube TV after the two companies failed to renew their content deal before expiration.

The blackout cuts off major sports programming, including NFL games and college football, for more than 8 million subscribers.

Google contends that Disney is demanding "costly economic terms" that would drive up prices for YouTube TV subscribers.

Disney says YouTube is refusing to "pay fair rates" for its channels and is "using its market dominance to eliminate competition".

YouTube TV — which has become one of the largest TV providers in the country as linear cable fades — has increasingly found itself in carriage disputes as it tries to set new payment standards for the streaming era.

Because virtual pay-TV providers are not regulated in the same way as their traditional pay-TV peers, these disputes give companies like YouTube TV an opportunity to reshape agreements in the digital era in a way that better suits their objectives.

YouTube TV is reportedly looking for Disney to make its streaming content — like Disney+, Hulu and ESPN+ — available to YouTube TV subscribers.

Disney, which is trying to build its own streaming services, has little incentive to do that!

News

Markets via Sydney, Australia

October 31, 2025

Roy Morgan Summary

Australian Dollar: $0.6549 USD (down $0.0021 USD)

Iron Ore: $106.95 USD (down $0.80 USD)

Oil Price (WTI): $60.22 USD (down $0.18 USD)

Gold Price: $4,022.53 USD (up $73.21 USD)

Copper Price: $5.1005 USD (down $0.1025 USD)

Bitcoin: $106,919.01 USD (down 3.29% in last 24 hours)

Dow Jones: 47,522.12 (down 109.88 points on yesterday's close)

News

Media (Australia/World)

'Irreplaceable' Murdoch confidante cuts News Corp ties after 20 years

News Corp Australia veteran Siobhan McKenna will step down as the media group's head of broadcasting at the end of this year. She was appointed to the role in 2017, and had responsibility for Foxtel and Sky News Australia; there has been speculation about her future at News Corp since the sale of Foxtel to sports streaming group DAZN earlier this year. McKenna will also retire as the chair of Lachlan Murdoch's Nova Entertainment and his private investment vehicle, Ilyria. She had been Murdoch's closest advisers, and media reports earlier in 2025 revealed that she had been the 'architect' of a plan to change the Murdoch family trust in favour of Lachlan. (Roy Morgan Summary)

News

Oct 31

Mining/Resources

MinRes downplays lithium firesale talk, hits iron ore record

Mineral Resources has advised that it shipped a record 11.4 million tonnes of iron ore in the September quarter; its average realised price was 14 per cent higher quarter-on-quarter at $US90 ($137) per tonne. The average realised price for its lithium was in turn up 31 per cent at $US849 per tonne. The company has hired JPMorgan to help sell parts of its lithium portfolio, but chief financial officer Mark Wilson says a stronger balance sheet means it does not need to divest lithium assets and will only consider deals that are good value. (RMS)

News

China will squeeze rare earths projects: Lynas MD

Lynas Rare Earths has posted revenue of $200.2m for the September quarter, which is 66 per cent higher than previously. Meanwhile, CEO Amanda Lacaze says the companymade a deliberate choice to buy equipment for its cracking and leaching plant near Kalgoorlie in Western Australia from non-Chinese suppliers, which has increased the cost of the refinery by about 30 per cent. She has warned that new rare earths projects in Australia and the US will also incur higher construction costs because Chinese suppliers will restrict access to equipment and consumables. Iluka will also source most of the equipment for its Eneabba rare earths refinery from non-Chinese suppliers. (RMS)

News

Industry push to end WA ban on uranium mining

An inquiry into Western Australia's role in assisting the global decarbonisation effort has prompted calls from many mining companies for the state to lift its ban on new uranium projects. The WA Chamber of Minerals and Energy contends permitting four proposed uranium projects to proceed would produce more than $1 billion in annual exports, create 9,000 jobs and generate $50 million in royalties, but Australian Manufacturing Workers Union WA general secretary Steve McCartney says it would run a campaign against the Cook Labor government if it moves to change its policy on uranium mining. (RMS)

News

Santos calls AFP over fake email

Santos has asked the Australian Federal Police and cyber authorities to investigate the use of a fake email address to seek confidential documents and other information about the company. A number of Santos employees had received an email purporting to have been sent by chief strategy officer Tracy Winters at various times, including during the recent failed merger talks between Santos and an Abu Dhabi-led consortium. The same email account had been used in October 2023, when Santos director Yasmin Allen received an email that was highly critical of Winters and CEO Kevin Gallagher. (RMS)

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Cryptos and Culture

October 27, 2025

Sin City Sydney, Australia
Gold lost more shine!

ASX futures up 26 points, or 0.3%, at 9061

Wall Street:
S&P 500 +0.8%
Dow Jones: +1%
Nasdaq +1.2%

Europe:
Stoxx 50 +0.1%
FTSE +0.7%
DAX +0.1%
CAC flat

Australian dollar at US65.44 cents

Bitcoin +1.7% to $US113,583

Gold -0.3% to $US4113.05 per ounce
US oil -0.5% to $US61.50 a barrel
Brent crude -0.1% to $US65.94 a barrel
Iron ore -0.2% to $US104.45 per ton

10-year yield:
US 4.00%
Australia 4.14%
Germany 2.62%

News Update: (Near Live)

Bitcoin:

New York/Wall St via Mr Wolf!
Oct 26

Cryptos Today:
(Near Live) Moody: Part Corrective! Up Again! Salty. Smiles returning again! Right Chess Move?! Trump Trade Done solid! All That Glitters Not Digital Gold?!

Bitcoin $114,868.99 +2.81%
Ethereum $4,169.01 +5.52%
Tether $1.0000 -0.01%
Binance Coin $1,141.20 +2.12%
XRP $2.6655 +1.80%
Solana $202.18 +4.58%
TRON $0.3013 +1.69%
Dogecoin $0.2074 +5.63%
Cardano $0.6852 +4.79%

Market part corrective again! Mood: Suspicious! Regaining smiles a little! Hardcores keep the dream! Never give up! Pivot if required!

Media Man Favs:

(Near Live)
Wall St, New York

TKO Group Holdings Inc $186.85
NVIDIA Corp $186.26 +4.10 +2.25%
Formula One Group Series C $94.65 -2.37 -2.44%
Alphabet Inc Class A $259.92 +6.84 +2.70%
News Corp Class A $26.32 -0.080 -0.30%
Netflix Inc $1,094.69 -18.90 -1.70%
Caterpillar Inc $522.73 +2.23 +0.43%
Trump Media & Technology Group Corp
$26.32 -0.080 -0.30% Tesla Inc $433.72
-15.26 +3.40%
Walt Disney Co $111.68 -1.35 -1.19%
Wynn Resorts Ltd $125.57 +0.17 +0.14%
Meta Platforms Inc $738.36 +4.36 +0.59%
BHP Group Ltd $43.34 +0.095 +0.22%
Mercedes Benz Group ADR $15.51 +0.094 +0.61%
Elders Ltd $7.43
Rio Tinto Ltd $132.43 +0.61 0.46%

News Lead Up

Oct 21

Crypto’s sell-the-growth mode

Market Overview

The crypto market cap changed slightly over the past day, remaining at $3.65 trillion, completing a full circle with a 5% increase and a return. Relatively small coins such as Zcash (+6.6%), Dash (+3%) and Tezos (+2.7%) performed slightly better than the market, remaining unaffected by the fluctuations in risk appetite among large institutions selling top coins on the rise. Such fluctuations do not contribute to improving the mood of crypto investors. On the contrary, the corresponding index fell to 25, on the verge of extreme fear territory. At current levels, the rule of ‘buy when everyone is afraid’ may work, or there may be a switch to a more intense sell-off after three months of stagnation.
Bitcoin rose to $114K on Tuesday, touching the 50-day moving average, but this only fuelled sellers. Bitcoin has been balancing the 50- and 200-day MA for the last eleven days. The latter curve is pointing upwards, reducing the space for free fluctuations and bringing the moment when the market will have to choose a direction closer.

News Background

Bitcoin's bullish phase is not over yet, according to the creator of the S2F model and analyst Plan B. The fundamentals point to continued growth, and there are no key technical signals indicating a final bull market phase. According to BTSE COO Jeff May, market volatility will continue. TD Cowen remains positive about BTC and forecasts the asset to grow to $141,000 by December. Analyst Willy Woo believes that the next bear market in the crypto cycle will differ from previous ones. It could be triggered by economic crises, such as those in 2001 and 2008, which the crypto market has not yet experienced. Polygon co-founder Sandip Nailwal criticised the Ethereum network's leadership and emphasised that its community has ‘turned into a circus.’ The success of projects on the ETH network depends on a few venture capital funds and proximity to a small circle of people around Vitalik Buterin, said Geth client developer Peter Szilagyi. According to Lookonchain, Elon Musk's company SpaceX has moved $257 million worth of Bitcoin for the first time since July. The company did not comment on the reasons for the transfers. According to Arkham, SpaceX owns 5,790 BTC.

News

Japanese bulls went to recharge

For the first time in Japan, a woman has become prime minister. Although this result was largely anticipated, lingering risks led to a noticeable market response. However, the overall effect so far has been to sell Japanese assets, from the yen to stocks.

Takaichi’s position (stimulating the economy and lowering interest rates) has led to speculative buying in Japanese stocks. From its lows in early October, the Nikkei 225 has risen by almost 13% and on Tuesday morning was on the verge of reaching 50,000. As it approached this psychologically important round level, a wave of profit-taking pushed the index down to 49,000 during the day. However, this technical sell-off has not yet changed the long-term positive outlook for the market. Takaichi is expected to intensify efforts to stimulate economic growth, focusing less on the budget balance and accumulated public debt.

On weekly timeframes, the Nikkei225 is close to, but has not yet entered, the overbought zone on the RSI. Over the past 10 years, powerful corrections after rallies have occurred when the index was close to 80, and now it is at 75. Overall, these are relatively high values, but in such cases, rallies often become extreme, knocking out the positions of early sellers. To be cont (FxPro)

News

Oil prices could fall another 15% by the end of the year

Crude oil prices fell 0.7% on Monday after three consecutive weeks of decline. Global production is growing while global economic growth is slowing, putting pressure on prices. In addition, the risk premium on signing the gas agreement and intensifying efforts to resolve the Ukrainian conflict has begun to decline. At the same time, oil prices are far from oversold, leaving room for further decline in the coming months. Baker Hughes reported on Friday that 418 oil rigs are operating in the US, the same as a week earlier, undermining the recovery trend seen since August. However, America is increasing production efficiency, extracting more oil from each well.

Bloomberg noted that there are now nearly 1.2 billion barrels of oil at sea, a record since the peak in 2020, when US production was at historic highs and Saudi Arabia and Russia were fighting for market share, boasting of their potential.

The current situation strongly resonates with what happened more than five years ago. The latest weekly data showed a record high in daily production in the US, with supplies of 13.64 million barrels per day.

Inventory figures are a stabilising factor. Commercial inventories in the US are at the lower end of the range for the last decade, but they were about the same in January 2020, and six months later, this figure set a new record. However, without a collapse in consumption, such rapid growth should not be expected. The US government may also move to more actively rebuild the strategic petroleum reserve sold off in 2022.

The price of oil has been in a downward channel for just over three years, and at the end of September, it accelerated its decline as it approached the 50-week moving average and the upper limit of the range. The lower limit of this range is now close to $53 per barrel of Brent, with a decline towards the end of the year closer to $50.50 against the current $61.00.

The main scenario for oil is a decline towards $50 in the next 2-4 months. At the same time, the potential for an increase in US inventories is a potential stabilising factor. We assume that the situation with inventories is roughly similar worldwide, excluding the abundance of oil at sea. (FxPro)

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

News

Politics remains the main driver of FX

The US government shutdown did not have a noticeable impact on the dollar's performance last week. However, it did help the stock market to grow slightly by strengthening expectations of monetary policy easing. However, these events pale in comparison to the change in Japan's ruling elite and the resignation of the French prime minister less than a day after the formation of the government in terms of their impact on the currency market. In Japan, Sanae Takaichi was chosen head of the Liberal Democratic Party over the weekend and is on track to become the country's first female prime minister. This event caused the yen to fall 2% to 150.49 from Friday's level before correcting to 149.80 at the time of writing. Takaichi is considered a supporter of aggressive government spending, structural reforms, and soft monetary policy, echoing the basic principles of Shinzo Abe. Overall, she has a more right-wing approach to national policy and is also a supporter of revising Japan's pacifist constitution. The market reaction clearly shows that they are considering Takaichi to be the new prime minister. If she does not change her political views (and she has softened them recently to win the party elections), we should be prepared for a further weakening of the yen, which reached its highest level since 1991 in the EURJPY pair, exceeding 176. However, the single currency is also facing uncertainty today due to a new political crisis in France. Prime Minister Lecornu, who had been trying to form a government for a month, resigned the day after he finally presented his new cabinet. His appointments drew criticism from both left-wing and right-wing allies. The EURUSD fell to 1.1650 at its lowest point on Monday, losing a full cent against Friday's levels. Unlike Japan, where a 2% drop in the JPY was accompanied by a 5% jump in the Nikkei225 index, France's CAC40 lost more than 2% intraday, paring its losses to 1.2% towards the end of the trading day in Europe. The EURUSD stopped its climb in July and has been hovering around 1.1700 all this time, not least because of the political crisis in France. Without it, the single currency would have had a much better chance of exploiting political divisions in the US to its advantage. It would be an exaggeration to call the situation in Japan and France a drama. Still, these events once again emphasise that as soon as the dollar's throne begin.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies
Documentaries

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver:

How metals are moving this year

Metal futures have made some pretty dramatic moves lately from safe haven gold to tariff sensitive copper. So let's take a look at the longer term trends. I'm Jared Blikre, host of Stocks in Translation. And I'm going to start by charting some of the moves in Dr. Copper because this is where we have the most zig and zags over the last 25 years. So this goes back to the beginning of the century and we can see right now, we're at $5.51 per pound. That is a record high. But if we go back to the beginning of the century, guess what? Uh we had a little bit of a slump in the wake of the dot com boom and then bust, but starting in 2003, we saw a big rise there. And that was as China actually joined the World Trade Organization or the WTO. That lasted into the global financial crisis. Then we had a pretty big bust in in Dr. Copper, and then we had another rise. And that rise was due to unprecedented stimulus, not only from the Chinese government, but also from the United States government, QE was in force, and then we saw kind of a strong dollar play. That weighed on this metal all the way into the beginning of 2016. The entire world, most of the world indices went through a bear market in 2015, and then 2016, we found the footing. And that was actually the year that Trump won, began his first presidency. And from there, we saw some zig and zags, and then we saw a shock into the pandemic. A couple of, a couple of years of deflation or a semi-deflation, disinflation, that caught up with it in 2022, but then it was off to the races again. And especially with the Trump tariffs now on copper, threatening to be threatening to be 50% on August 1st, we're seeing a lot of front running in this trade. Now, I also want to show you gold futures and I'm going to show you silver as well. And they follow a very similar pattern. We're not seeing the dramatic zig and zags that we did in copper, but we did see the same pattern of China joining the WTO, contributing to that huge rise in price to 1800, almost $2,000 an ounce by the beginning of the global financial crisis. So a little bit of a meltdown there. But in 2016 into 2018, we saw a bit of a rise into the pandemic, a little bit of a whipsaw there, and consolidation over a few years. Again, that 2022 bare market in US stocks that contributed to some deflation and disinflation globally, supply chain chain shocks came into force again, and then we saw this huge rise beginning in late 2023, and we are now at 3353. We've seen a high of as much as $3,500 per ounce. And gold is kind of unique among the precious metals and also the industrial metals, and this is because central banks have been a huge determining force in their buying of it. This is a bar chart that shows central bank buying in tons going back all the way to 2010. And what you notice here is the last three years, 2022, 2023, 2024, all of those had gold being bought by central banks of in the amount of over 1,000 tons. And so that's a pretty big dramatic increase from the prior years. And this has to do with the ongoing dedollarization in China, as well as Russia, but also a host of other countries, even some in western and eastern Europe. So this is a trend that we want to follow. Uh, I want to close out here with silver, and I'm going to just chart the price action. Again, very similar chart to gold and copper in terms of the big movements here. We saw a big price spike into almost $50 per ounce, and that was just as the global financial crisis was getting underway. And then the QE area in 2011, that's when we saw that high. Then we saw a dramatic, dramatic crash into 2016, kind of found its footing, saw a big squeeze in the early pandemic, 2020 was a great year for silver, but then we saw a little bit of a fallout. And again, silver is on the rise here at $38. It's still off of that $50 record high, but it is increasing very quickly. To round out the conversation, I want to just put on a table here. I have all three medals and just kind of grouping them together. I want to display how they are moving with their specific patterns with a trigger, and then to tell you which one of these is featured in these specific criteria. So here, under the pattern, we have acceleration. So that would be an economic acceleration. The trigger would be liquidity. And when that happens, we see all metals benefiting from that. And then when there's a safe haven scare, and that trigger would be a crisis of some sorts, you're going to see gold and silver outperforming the most, kind of leaving Dr. Copper behind. And then here's a bearish one, industrial drags, that affects copper disproportionately here, and the trigger there is typically a stronger US dollar because the US dollar surges when global global industrials tend to drag, and that's because the US is the least dirty shirt in the laundry basket of the world. And then finally here, we have a policy shock. This will affect all three medals, but especially copper and gold here. Um, arguably, the biggest reason is tariffs and debt, and we've seen both of those contribute to silver rising. So we could put all three in that basket as well. But when you put it all together, we have the perfect explosive mix for all three of these metals, including palladium and also platinum, which we didn't get to have time for, but all of these are experiencing huge thrust in 2025. And we'll have to see how these tariffs play out, especially on Dr. Copper with respect to that August 1st deadline. Remember, 50% there. So tune into Stocks in Translation for more jargon busting deep dives, new episodes on Tuesdays and Thursdays on Yahoo Finances website, or wherever you find your podcast. (Transcript from Yahoo! Finance podcast)

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Cryptos and Culture

October 22, 2025

Sin City Sydney, Australia
Gold losses some shine!

ASX futures down 45 points/0.5% to 9058
Australian dollar at US64.92 cents

Wall Street:
S&P 500 +0.1%
Dow Jones +0.6%
Nasdaq -0.1%

Europe:
Stoxx 50 +0.1%
FTSE +0.3%
DAX +0.3%
CAC +0.6%

Bitcoin +1% to $US111,942

Gold -5.8% to $US4106.32 per ounce
Oil +0.5% to $US57.82 a barrel
Brent crude oil +0.6% to $US61.38 a barrel
Iron ore +0.5% to $US104.00 per ton

10-year yield:
US 3.96%
Australia 4.11%
Germany 2.55%

News Update: (Near Live)

Bitcoin:

New York/Wall St via Mr Wolf!
Oct 21

Cryptos Today:
(Near Live) Moody: Part Corrective! Up Again! Salt Of The Earth In Metals Right Chess Move?! Trump Trade! All That Glitters Not Digital Gold?!

Bitcoin $110,973.53 +0.34%
Ethereum $3,950.73 +0.68%
Tether $1.0004 +0.02%
Binance Coin $1,080.14 -1.40%
XRP $2.4894 -0.12%
Solana $191.27 +1.19%
TRON $0.3237 +0.48%
Dogecoin $0.1995 +0.37%
Cardano $0.6623 -0.35%

Market part corrective again! Mood: Picking up! Suspicious! Regaining smiles! Teeth showing even more now! Hardcores keep the dream! Never give up! Pivot if required!

Media Man Favs:

(Near Live)
Wall St, New York

TKO Group Holdings Inc $186.16 -0.66 -0.35%
NVIDIA Corp $181.16 -1.48 -0.81%
Formula One Group Series C $97.14 -0.88 -0.90%
Alphabet Inc Class A $250.46 -6.09 -2.37%
News Corp Class A $26.38 -0.060 -0.23%
Netflix Inc $1,241.35 +2.79 +0.23%
Caterpillar Inc $524.65 -6.53 -1.23%
Trump Media & Technology Group Corp $15.96 -0.030 -0.19%
Tesla Inc $442.60 -4.83 -1.08%
Walt Disney Co $114.30 +2.29 +2.04%
Wynn Resorts Ltd $121.13 -0.81 -0.66%
Meta Platforms Inc $733.27 +1.10 +0.15%
BHP Group Ltd $44.13 +0.99 +2.29%
Mercedes Benz Group ADR $15.63 -0.040 -0.26%
Elders Ltd $7.54 +0.11 +1.48%
Rio Tinto Ltd $131.89 +1.18 +0.90%

News

Bitcoin: bull market may be in its final stages

Market Overview

The crypto market capitalisation fell by 3.1% to $3.65 trillion during the day. The bulls failed to push the market above the recent highs of $3.95 trillion, and we are seeing the formation of an active short-term downtrend. This will be confirmed if the next local low is $3.35 trillion. These levels are already below the 200-day average, which will attract the attention of long-term sellers. So, we continue to closely monitor market dynamics near $3.5 trillion, where a meaningful moving average is located.

Bitcoin at $108K has again fallen to its 200-day moving average. It is pointing upwards and is now 30% higher than the levels seen in March-April, when BTC last dipped below it. The spring scenario of prolonged consolidation around a critical line and a further breakout now looks like a hopeful scenario for bulls. However, there are still risks that the first prerequisites for the next prolonged bear market are forming.

News Background

BTC's rebound from its lows is encouraging, but the structure remains fragile. The decline in trading volumes on spot platforms and derivatives markets signals a decline in confidence and demand, according to Glassnode.

According to Galaxy Digital CEO Mike Novogratz, the recent sharp correction in the crypto market is unrelated to manipulation. According to him, the leading sellers were long-term investors and miners.

Sixty-seven per cent of institutional investors are optimistic about Bitcoin's prospects for the next three to six months, according to a Coinbase Institutional survey of 124 respondents. At the same time, 45% of institutional investors believe the bull market is in its late stages.

Publicly traded companies continue to build up their crypto reserves. Strategy acquired 168 BTC over the past week. BitMine bought 203,826 ETH.

According to Jefferies, in September, the profitability of BTC mining fell by more than 7%, and the daily income per 1 EH/s of hash rate decreased from $56,000 to $52,000. In October, a sharp correction in the asset increased pressure on the economics of its mining. (FxPro)

News

Oil prices could fall another 15% by the end of the year

News

Gold Bulls have no choice but to push

Gold's rally to record highs above $4,300 per ounce resulted from a debasement trade. Governments cannot cope with budget deficits, are accumulating debt and demanding that central banks cut interest rates, as in the US, or keep them low, as in Japan. As a result, investors are losing confidence in government bonds and currencies. They are looking for alternatives and turning their attention to precious metals. As a result, gold has been gaining for the last nine weeks, the fifth time in the history of free currency conversion since the 1970s. However, there has never been a 10-week consecutive growth period. The gap from the 200-week moving average also shows the excessiveness of the rally. The spot price at its peak exceeded this line by 90%. There has only been one larger gap once before, in 1980. At the very least, the market needs a technical respite. But historically, its beginning could be the start of a significant multi-year reversal. Now, we are on the side of the bears, but at the same time, we understand that the bulls simply have no choice but to push the price further up, as stopping would ruin the whole game. (to be cont) (FxPro)

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

News

Politics remains the main driver of FX

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies
Documentaries

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver:

How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Crypto and Culture

Running Of The Bulls To Normal; Cryptos Hurting; All That Glitters ...

October 15/16, 2025

Sin City Sydney, Australia

ASX futures up 5 points/0.1%, at 9024

Wall Street:
S&P 500 +0.4%
Dow Jones: flat
Nasdaq +0.7%

Europe: Stoxx 50 +1%
FTSE -0.3%
DAX -0.2%
CAC +2%

Australian dollar: US65.06 cents

Bitcoin -1.6% to $US111,106

Gold +1.5% to $US4227.10 per ounce

Oil +0.1% to $US58.78 a barrel

Brent crude oil +0.1% to $US62.45 a barrel

Iron ore -0.3% to $US104.90 per ton

10-year yield:
US 4.03%
Australia 4.21%
Germany 2.57%

News Update: (Near Live)

Bitcoin:

New York/Wall St

Cryptos Today: (Near Live) Mood: Corrective! Salt Into The Wound In Checkers?! Or Salt Of The Earth In Metals Right Chess Move?! All That Glitters Not Digital Gold?!

Bitcoin $111,291.65 -1.77%
Ethereum $3,980.33 -3.44%
Tether $1.0005 -0.03%
Binance Coin $1,161.17 -3.98%
XRP $2.4129 -3.48%
Solana $194.13 -3.71%
TRON $0.3194 +0.85%
Dogecoin -$0.1961 -4.15%
Cardano $0.6677 -4.14%

Market corrective. Mood: Somber-like for many! Suspicious! Regaining smiles! Hardcores keep the dream!

Media Man Favs:

October 15, 2025 (Near Live)
Wall St, New York

TKO Group Holdings Inc $191.21 +1.18 +0.62%
NVIDIA Corp $179.83 -0.18 -0.099%
Formula One Group Series C $103.57 -0.15 -0.14%
Alphabet Inc Class A $251.03 +5.58 +2.27%
News Corp Class A $26.57 -0.070 -0.26%
Netflix Inc $1,203.29 -12.06 -0.99%
Caterpillar Inc $534.05 +6.58 +1.25%
Trump Media & Technology Group Corp $16.27
-0.010 -0.061%
Tesla Inc $435.15 +5.91 +1.38%
Walt Disney Co $111.71 +0.54 +0.49%
Wynn Resorts Ltd $118.07 +1.96 +1.69%
Meta Platforms Inc $717.55 +8.90 +1.26%
BHP Group Ltd $43.54
Mercedes Benz Group ADR $15.15 +0.040 +0.26%
Elders Ltd $7.50
Rio Tinto Ltd $129.69

News

The dollar prefers to stay within the range for now

The US dollar turned downward at the end of the day on Tuesday and continues to move downward in the first half of Wednesday. The dollar is being weighed down by the recovery of positive momentum in the stock markets. Pressure on the dollar can also be linked to Powell's latest comments yesterday evening. The Fed chairman confirmed the path to further rate cuts and said asset sales from the balance sheet could be halted soon, ending the quantitative tightening phase. To be cont ..

(FxPro)

News

The US stock market rebound may falter

Over the weekend, US and Chinese leaders appeared to reach out to each other, offering opportunities for further discussion and a deal. Market sentiment was close to extreme fear, with the Fear and Greed Index falling to 29 on Friday and recovering to 30 on Monday. These are the lowest values since the end of April, when the market was recovering from the “liberation day” effect on Trump's tariffs. In the last couple of years, this index has entered the extreme fear zone before we saw a reversal in the indices. This means that bears may exert another round of pressure on the markets. It is easy to link this to further toughening of mutual rhetoric between China and the US, albeit with the possibility of dialogue remaining open. In other words, in this case, it is worth talking about a decrease in the intensity of mutual recriminations, but not about a reversal in relations. From this, we can conclude that the risks that caused the markets to collapse on Friday remain. We also note that the S&P 500 is trading at a significant distance from its 200-week moving average, near which the market has ended its declines over the past 14 years since 2011, touching it or turning around within 2-5% of it. This contrasts sharply with the current situation, where the S&P 500 is almost 25% above this line. If we talk about a correction within a bull market, then the target for bears seems to be the 6100–6150 range, where the 50-week moving average and last winter's highs are concentrated. Movement in this direction looks like a viable strategy for the final quarter of the year, unless there is a real reversal in the rapprochement between China and the US, which we highly doubt. In addition, seasonal factors are also temporarily on the side of the bears, given the more than 40% growth from the lows of the year in early April, the suppressed volatility of the last month and a half, and the tendency to look for new patterns in the markets in the final months of the year. If that's not enough, add to this the fact that the economy is beginning to feel the effects of tariff wars and a deteriorating labour market, and AI is no longer a novelty. In these conditions, it will be increasingly difficult for traders to find reasons for local purchases. (FxPro)

News

Crypto market recovers from tariff shock

Market Overview

The crypto market capitalisation stood at $3.9 trillion on Monday, up 4.4% from the previous day but down 6% from pre-Friday crash levels. On Friday, the US stock market saw its biggest drop since April but recovered some of its losses on Monday. Since Sunday, the crypto market has been attempting to rebound after a sell-off that began as an emotional reaction to tariff initiatives by China and the US but escalated into massive margin calls and stop orders being triggered.

The sentiment index stood at 38 (fear) on Monday morning, down from 24 (extreme fear) the day before. The level of sentiment we saw over the weekend was last seen in April under similar circumstances — when tough trade tariffs were announced.

Bitcoin approached $115K on Monday, while Ethereum exceeded $4,200. Cryptocurrencies are recovering after Friday's sharp decline. The movement on Friday and in the early hours of Saturday swept the ‘weak hands’ out of the market, taking the price of BTC below the 50—and 200-day moving averages and below the August and September lows.

Such sweeping liquidations often set the bottom of the market, but it may take time for the wounds to heal. In 2020, 2021 and 2024, it took a couple of weeks for the rally to start, although the market did not rewrite the lows. But in 2022, the turnaround to growth after the crash began after about six months. Relying on these statistics is encouraging for bargain hunters in crypto. Still, it would be too hasty to say that the recovery will be just as quick and will begin immediately.

News Background

Wall Street crashed on Friday after US President Donald Trump escalated the trade conflict with China following Beijing's tightening of restrictions on trade in rare earth metals, Reuters reports. Cryptocurrencies and stock indices fell sharply on Friday. Some softening of tone from Trump and Xi has led to the probability of 100% tariffs against China by 1 November being estimated at 8% on Polymarket, down from 26% at the end of Friday. Santiment notes that bitcoin remains extremely sensitive to risk appetite and behaves more like a risky asset than a safe haven.

The Kobeissi Letter notes that the collapse of cryptocurrencies on 11 October will not have long-term fundamental consequences and was caused by a combination of technical factors. The market crash triggered a record cascade of liquidations worth $19.3 billion. Analyst Frank Fetter, citing technical indicators, said the cryptocurrency market is still far from overbought, which means there is still potential for the rally to continue.

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

News

Politics remains the main driver of FX

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies
Documentaries

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver:

How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Crypto and Culture

Mad Monday Into Terrifying Tuesday: Running Of The Bulls Weekend To Weak-ist Start; Bulls Downhill Climbing Back Up The Mountain Edition!

October 13/14, 2025
Sin City Sydney, Australia

ASX futures

News Update: (Near Live)

Bitcoin: $115,656.56 +0.27%

New York/Wall St Cryptos Today: (Near Live)
Mood: Corrective! Moody!

Bitcoin $115,656.56 +0.27%
Ethereum $4,276.84 +2.87%
Tether $1.0010 -0.01%
Binance Coin $1,293.57 -0.82%
XRP $2.6185 +3.45%
Solana $208.68 +5.80%
USDC $0.9999 -0.01%
TRON $0.3236 +0.17%
Dogecoin $0.2158 +4.05%
Cardano $0.7331 +4.59%

Market corrective. Mood: Somber-like for many! Suspicious! Regaining smiles! Hardcores keep the dream!

Media Man Favs:

October 13, 2025 (Near Live)

Wall St, New York

TKO Group Holdings Inc $188.60 +1.55 +0.83%

NVIDIA Corp $188.32 +5.28 +2.88%

Formula One Group Series C $104.03 +0.83 +0.80%

Alphabet Inc Class A $244.15 +7.58 +3.20%

News Corp Class A $26.09 +0.31 +1.20%

Netflix Inc $1,219.03 -1.05 -0.086%

Caterpillar Inc $504.76 +13.41 +2.73%

Trump Media & Technology Group Corp $16.56 +0.59 +3.69%

Tesla Inc $435.90 +22.41 +5.42%

Walt Disney Co $110.27 +1.06 +0.97%

Wynn Resorts Ltd $112.52 -7.37 -6.15%

Meta Platforms Inc $715.70 +10.40 +1.47%

BHP Group Ltd $55.71 +2.09 +3.91%

Mercedes Benz Group ADR $15.39 +0.10 +0.65%

Elders Ltd $7.38

Rio Tinto Ltd $125.21

News

The US stock market rebound may falter

US stock index futures are rising after a disastrous Friday, when Trump's aggressive response to China's tariffs shook the markets. The US president's announcements were carefully timed, with the most aggressive measures (additional 100% tariffs on Chinese goods) announced after the market closed. Over the weekend, US and Chinese leaders appeared to reach out to each other, offering opportunities for further discussion and a deal.

Market sentiment was close to extreme fear, with the Fear and Greed Index falling to 29 on Friday and recovering to 30 on Monday. These are the lowest values since the end of April, when the market was recovering from the “liberation day” effect on Trump's tariffs.

In the last couple of years, this index has entered the extreme fear zone before we saw a reversal in the indices. This means that bears may exert another round of pressure on the markets. It is easy to link this to further toughening of mutual rhetoric between China and the US, albeit with the possibility of dialogue remaining open. In other words, in this case, it is worth talking about a decrease in the intensity of mutual recriminations, but not about a reversal in relations. From this, we can conclude that the risks that caused the markets to collapse on Friday remain.

We also note that the S&P 500 is trading at a significant distance from its 200-week moving average, near which the market has ended its declines over the past 14 years since 2011, touching it or turning around within 2-5% of it. This contrasts sharply with the current situation, where the S&P 500 is almost 25% above this line.

If we talk about a correction within a bull market, then the target for bears seems to be the 6100–6150 range, where the 50-week moving average and last winter's highs are concentrated. Movement in this direction looks like a viable strategy for the final quarter of the year, unless there is a real reversal in the rapprochement between China and the US, which we highly doubt.

In addition, seasonal factors are also temporarily on the side of the bears, given the more than 40% growth from the lows of the year in early April, the suppressed volatility of the last month and a half, and the tendency to look for new patterns in the markets in the final months of the year. If that's not enough, add to this the fact that the economy is beginning to feel the effects of tariff wars and a deteriorating labour market, and AI is no longer a novelty. In these conditions, it will be increasingly difficult for traders to find reasons for local purchases. (FxPro)

News

Crypto market recovers from tariff shock
Market Overview
The crypto market capitalisation stood at $3.9 trillion on Monday, up 4.4% from the previous day but down 6% from pre-Friday crash levels. On Friday, the US stock market saw its biggest drop since April but recovered some of its losses on Monday. Since Sunday, the crypto market has been attempting to rebound after a sell-off that began as an emotional reaction to tariff initiatives by China and the US but escalated into massive margin calls and stop orders being triggered.

News Background
Wall Street crashed on Friday after US President Donald Trump escalated the trade conflict with China following Beijing's tightening of restrictions on trade in rare earth metals, Reuters reports.
Cryptocurrencies and stock indices fell sharply on Friday.

Some softening of tone from Trump and Xi has led to the probability of 100% tariffs against China by 1 November being estimated at 8% on Polymarket, down from 26% at the end of Friday.
Santiment notes that bitcoin remains extremely sensitive to risk appetite and behaves more like a risky asset than a safe haven.

Analyst Frank Fetter, citing technical indicators, said the cryptocurrency market is still far from overbought, which means there is still potential for the rally to continue.

News

Oil Holds Strong Despite Bearish Fundamentals

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

he rise of gold above 4,000 dollars per ounce is not only the result of the weakness of fiat currencies. There are tectonic shifts in the structure of investment portfolios and fears of financial crises due to government recklessness.

News Politics remains the main driver of FX The US government shutdown did not have a noticeable impact on the dollar's performance last week. However, it did help the stock market to grow slightly by strengthening expectations of monetary policy easing. However, these events pale in comparison to the change in Japan's ruling elite and the resignation of the French prime minister less than a day after the formation of the government in terms of their impact on the currency market. In Japan, Sanae Takaichi was chosen head of the Liberal Democratic Party over the weekend and is on track to become the country's first female prime minister. This event caused the yen to fall 2% to 150.49 from Friday's level before correcting to 149.80 at the time of writing. Takaichi is considered a supporter of aggressive government spending, structural reforms, and soft monetary policy, echoing the basic principles of Shinzo Abe. Overall, she has a more right-wing approach to national policy and is also a supporter of revising Japan's pacifist constitution. The market reaction clearly shows that they are considering Takaichi to be the new prime minister. If she does not change her political views (and she has softened them recently to win the party elections), we should be prepared for a further weakening of the yen, which reached its highest level since 1991 in the EURJPY pair, exceeding 176. However, the single currency is also facing uncertainty today due to a new political crisis in France. Prime Minister Lecornu, who had been trying to form a government for a month, resigned the day after he finally presented his new cabinet. His appointments drew criticism from both left-wing and right-wing allies. The EURUSD fell to 1.1650 at its lowest point on Monday, losing a full cent against Friday's levels. Unlike Japan, where a 2% drop in the JPY was accompanied by a 5% jump in the Nikkei225 index, France's CAC40 lost more than 2% intraday, paring its losses to 1.2% towards the end of the trading day in Europe. The EURUSD stopped its climb in July and has been hovering around 1.1700 all this time, not least because of the political crisis in France. Without it, the single currency would have had a much better chance of exploiting political divisions in the US to its advantage. It would be an exaggeration to call the situation in Japan and France a drama. Still, these events once again emphasise that as soon as the dollar's throne begin

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies
Documentaries

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Trust Machine: The Story of Blockchain (2018)
Narrated by Rosario Dawson, it explores blockchain’s societal impact, from financial inclusion to voting systems. A comprehensive look at real-world applications.

Deep Web (2015)
Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024)
Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films
Crypto (2019)
A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015)
A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014):
Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016):
A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

News

Wall Street (Movie)

Wall Street (1987), directed by Oliver Stone, is a drama about ambition and greed in the 1980s financial world. It follows Bud Fox (Charlie Sheen), a young stockbroker desperate to succeed, who gets entangled with Gordon Gekko (Michael Douglas), a ruthless corporate raider. Gekko’s mantra, “Greed is good,” drives the story as Bud is lured into insider trading and unethical deals, compromising his morals for wealth and power.

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience. Key Details: Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).
Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:
Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.
A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).

Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver:

How metals are moving this year

News

Best Quotes An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

Markets, Crypto and Culture

Running Of The Bulls Continue Edition!

October 8, 2025

Sydney, Australia

ASX futures down 1 point at 8986

Wall Street:
S&P 500 -0.4%
Dow Jones -0.2%
Nasdaq -0.7%

Europe:
Stoxx 50 -0.3%
FTSE +0.1%
DAX flat
CAC flat

Australian dollar at US65.81¢

Bitcoin -2.5% to $US122,168

Gold +0.6% to $US3986.49 per ounce

Oil +0.6% to $US62.06 a barrel

Brent crude oil +0.4% to $US65.76 a barrel

Iron ore +0.1% to $US104.10 per ton

10-year yield:
US 4.13%
Australia 4.38%
Germany 2.71%

Cryptos Today: (Near Live)

Mood: Bullish, Moderate dip from yesterday!

Bitcoin $122,051.02 -2.45%
Ethereum $4,496.07 -4.20%
Tether $1.0003 +0.02%
Binance Coin $1,319.43 +7.51%
XRP $2.8782 -4.30%
Solana $223.63 -4.56%
USDC $0.9996 flat
TRON $0.3387 -2.20%
Dogecoin $0.2505 - 6.88%
Cardano $0.8259 -5.77%

Market bullish! Mood upbeat, moderate dip overnight after yesterdays bump!

Media Man Favs:

October 7/8, 2025 (Near Live)

Wall St, New York

TKO Group Holdings Inc $197.96 -0.19 -0.096%
NVIDIA Corp $185.04 -0.47 -0.25%
Formula One Group Series C $106.72 -1.611.49%
Alphabet Inc Class A $245.76 -4.67 -1.86%
News Corp Class A $27.38 -0.68 -2.42%
Netflix Inc $1,191.06 +27.75 +2.39%
Caterpillar Inc $486.71 -8.67 -1.75%
Trump Media & Technology Group Corp $17.02
-0.60 -3.41%
Tesla Inc $433.09 -20.16 -4.45%
Walt Disney Co $112.53 -0.22 -0.20%
Wynn Resorts Ltd $122.91 -1.68 -1.35%
Meta Platforms Inc $713.08 -2.58 -0.36%
BHP Group Ltd $41.96 +0.060 +0.14%
Mercedes Benz Group ADR $15.59 -0.61 -3.77%
Elders Ltd $7.40 +0.020 +0.27%
Rio Tinto Ltd $124.18 +0.60 +0.49%

News

Politics remains the main driver of FX

However, these events pale in comparison to the change in Japan's ruling elite and the resignation of the French prime minister less than a day after the formation of the government in terms of their impact on the currency market.

In Japan, Sanae Takaichi was chosen head of the Liberal Democratic Party over the weekend and is on track to become the country's first female prime minister. This event caused the yen to fall 2% to 150.49 from Friday's level before correcting to 149.80 at the time of writing.

Takaichi is considered a supporter of aggressive government spending, structural reforms, and soft monetary policy, echoing the basic principles of Shinzo Abe. Overall, she has a more right-wing approach to national policy and is also a supporter of revising Japan's pacifist constitution.

The market reaction clearly shows that they are considering Takaichi to be the new prime minister. If she does not change her political views (and she has softened them recently to win the party elections), we should be prepared for a further weakening of the yen, which reached its highest level since 1991 in the EURJPY pair, exceeding 176.

However, the single currency is also facing uncertainty today due to a new political crisis in France. Prime Minister Lecornu, who had been trying to form a government for a month, resigned the day after he finally presented his new cabinet. His appointments drew criticism from both left-wing and right-wing allies.

The EURUSD fell to 1.1650 at its lowest point on Monday, losing a full cent against Friday's levels.

Unlike Japan, where a 2% drop in the JPY was accompanied by a 5% jump in the Nikkei225 index, France's CAC40 lost more than 2% intraday, paring its losses to 1.2% towards the end of the trading day in Europe.

The EURUSD stopped its climb in July and has been hovering around 1.1700 all this time, not least because of the political crisis in France. Without it, the single currency would have had a much better chance of exploiting political divisions in the US to its advantage. It would be an exaggeration to call the situation in Japan and France a drama. Still, these events once again emphasise that as soon as the dollar's throne begins to shake, the ground beneath other currencies begins to tremble. (FxPro)

News

Miners offset ASX retreat from record high

The Australian sharemarket fell slightly on Monday, with the S&P/ASX 200 easing 0.1 per cent to close at 8,981.4 points after briefly reaching a new intra-day high. Rio Tinto was down 1.2 per cent at $123.58, WiseTech Global fell 2.2 per cent to end the session at $88.30 and the Commonwealth Bank finished 0.3 per cent lower at $169.96. However, Evolution Mining rose 2.6 per cent to $11.26 and Woodside Energy was up 0.2 per cent at $23.15. (RMS)

News Flashback

Oct 3

The US government shutdown is pressing dollar

The shutdown came as a bolt from the blue for the US dollar. The greenback was confident that Democrats and Republicans would reach a last-minute agreement. That did not happen. During previous government shutdowns, the dollar index typically fell on expectations of slowing GDP and mass layoffs. In 2025, the situation will worsen because the labour market is already cooling down. Due to the shutdown, the publication of important data will be postponed.

Therefore, the importance of the ADP report increases.

Over the last two months, there has been a decline in private sector employment. This increased the chances of a federal funds rate cut in October to 99% and in December to 87%. Treasury bond yields and the US dollar fell. There is increased demand for safe-haven assets in the markets. Gold continues to break records, Treasury yields are falling, and the yen has moved away from the political crisis in Japan and is growing steadily.

In contrast, European currencies are not yet able to take full advantage of the weakness of the US dollar. The euro is hampered by geopolitics and events in France.
S&P 500 shrugged off the shutdown

The S&P 500 shrugged off the shutdown and marked its 29th record high since the beginning of the year. Pharmaceutical and technology companies, which received a tariff deferral, led the rally. The market was pleased by the news that OpenAI had become the largest startup in history, with a valuation of over 500 billion dollars.

Jerome Powell's comments about the high valuation of US stocks led only to a temporary pullback in the S&P 500. Investors immediately bought up the dip. History shows that since 1996, similar rhetoric from the Fed chairman has led to an average 13% increase in the broad stock index over the next 12 months. There is a view in the market that high Price-to-Earnings ratios are the new reality. Corporate reporting is improving, the US economy has shifted its focus from manufacturing to technology, and artificial intelligence makes the US stock market unique and attractive. The ADP report on private sector employment did not deter the S&P 500. It finally convinced investors that the Fed would cut the federal funds rate twice more in 2025. (FxPro)

News Flashback

Crypto

October 2

The cryptocurrency market soared to extremes

Market Overview

The cryptocurrency market capitalisation soared by 4% over the past day to $4.07 trillion. The capitalisation has soared into the extreme zone, above which it was only briefly in mid-August and mid-September.

Cryptocurrency investors are convinced that the US government shutdown is not dampening risk appetite, and macroeconomic data is pushing the Fed to ease its policy further.

The sentiment index rose to 64 (greed), reaching its highest level in the last six weeks. However, the index is far from extreme greed, leaving significant potential for further strengthening.

On Thursday morning, Bitcoin exceeded $118K, surpassing the previous highs, which indicates an important technical breakthrough of the established range. The next step could well be an attempt to update historical highs approaching $125K. At the same time, it is worth paying attention to the activity of long-term sellers, who have been actively selling near these levels since July: we may see a new episode of selling on the rise.

News Background

The total supply of stablecoins grew by a record $45 billion in the third quarter, according to CEX.io. At the same time, 69% of the ‘printed’ volume was issued on the main Ethereum network.

According to CryptoQuant, the growth in the supply of stablecoins creates a powerful foundation for a bull market. Historically, Bitcoin has rallied not only in October but throughout the last quarter of the year.

The main factors that could trigger a crypto market rally in the fourth quarter could be changes in digital asset regulation in the US and expanded access to the crypto market through products on stock exchanges, according to Grayscale.

The total Bitcoin reserves of Japanese company Metaplanet reached 30,823 coins, placing it in fourth place among all corporate BTC holders.

According to Onchain Lens, Tether, the issuer of USDT, has replenished its Bitcoin reserve with 8,889 BTC worth $1 billion. Since May 2023, the company has been allocating 15% of its net profit to the purchase of BTC as part of its long-term asset diversification strategy.

Stani Kulechov, founder of leading lending platform Aave, said lower interest rates by global central banks will create favourable conditions for yield growth in the DeFi sector and may drive renewed interest in decentralised finance. (FxPro)

News

Oct 3

ASX rallies 1.1pc as miners and CBA jump

The Australian sharemarket posted a strong gain on Thursday, with the S&P/ASX 200 adding 1.1 per cent to close at 8,945.9 points. BHP rose 1.1 per cent to $41.94, Westgold Resources was up 8.3 per cent at $5.37 and the Commonwealth Bank finished 1.7 per cent higher at $169.82. However, profit-taking saw DroneShield fall 9.8 per cent to $5.18 following a rally in recent days, while REA Group was down 1.9 per cent at $224.99. (RMS)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies

Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Directed by Torsten Hoffmann, this documentary dives into blockchain’s broader applications beyond cryptocurrency, addressing scalability and regulatory challenges. Ideal for those interested in blockchain’s transformative potential.

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Bullish is a mindset"

Markets, Crypto and Culture

Mad Monday Edition!

October 6, 2025

Sydney, Australia

ASX futures up 29 points/0.3% to 9045

Wall Street:
S&P 500 flat
Dow Jones +0.5%
Nasdaq -0.3%

Europe:
Stoxx 50 +0.1%
FTSE +0.7%
DAX -0.2%
CAC +0.3%

Bitcoin +0.6% to $US122,744

Gold +0.8% to $US3886.54 per ounce
Oil +0.7% to $US60.88 a barrel
Brent crude oil +0.7% to $US64.53 a barrel
Iron ore +0.2% to $US104.00 per ton

10-year yield:
US 4.12%
Australia 4.33%
Germany 2.70%

Cryptos Today: (Near Live)

Bitcoin $122,719.44 +0.41%
Ethereum $4,503.65 +0.40%
Tether $1.0001 -0.01%
Binance Coin $1,160.20 +0.67%
XRP $2.9813 +0.66%
Solana $228.76 +0.62%
USDC $0.9996 flat
TRON $0.3418 +0.26%
Dogecoin $0.2530 +1.15%
Cardano $0.8371 +0.40%

Market bullish! Mood joyful

Stocks (After Hours); Countdown to Wall St opening!

Media Man Favs:

TKO Group $197.35 -0.65 -0.33%
Formula One Group Series C $104.83 +0.68 +0.65%
NVIDIA Corp $187.62 -1.32 -0.70%
Alphabet Inc Class A $245.35 -0.34 -0.14%
News Corp Class A $28.38 -0.17 -0.60%
Netflix Inc $1,153.32 -9.21 -0.79%
Caterpillar Inc $497.85 +7.28 +1.48%
Trump Media & Technology Group Corp $17.34 +0.14 +0.81%
Tesla Inc $429.83 -6.17 -1.42%
Walt Disney Co $112.47 +0.33 +0.29%
Wynn Resorts Ltd $123.66 -9.68 -7.26%
Meta Platforms Inc $710.56 -16.49 -2.27%
BHP Group Ltd $42.08 +0.14 +0.33%
Mercedes Benz Group ADR $16.24 +0.18 +1.11%

News

Oct 3

The US government shutdown is pressing dollar

Due to the shutdown, the publication of important data will be postponed. Therefore, the importance of the ADP report increases. Over the last two months, there has been a decline in private sector employment. This increased the chances of a federal funds rate cut in October to 99% and in December to 87%. Treasury bond yields and the US dollar fell.

There is increased demand for safe-haven assets in the markets. Gold continues to break records, Treasury yields are falling, and the yen has moved away from the political crisis in Japan and is growing steadily. In contrast, European currencies are not yet able to take full advantage of the weakness of the US dollar. The euro is hampered by geopolitics and events in France.
S&P 500 shrugged off the shutdown

The ADP report on private sector employment did not deter the S&P 500. It finally convinced investors that the Fed would cut the federal funds rate twice more in 2025. (FxPro)

News

Crypto

October 2

The cryptocurrency market soared to extremes

Market Overview

Cryptocurrency investors are convinced that the US government shutdown is not dampening risk appetite, and macroeconomic data is pushing the Fed to ease its policy further.

The sentiment index rose to 64 (greed), reaching its highest level in the last six weeks. However, the index is far from extreme greed, leaving significant potential for further strengthening.

News Background

The total supply of stablecoins grew by a record $45 billion in the third quarter, according to http://CEX.io. At the same time, 69% of the ‘printed’ volume was issued on the main Ethereum network.

The total Bitcoin reserves of Japanese company Metaplanet reached 30,823 coins, placing it in fourth place among all corporate BTC holders.

News

Oct 3

ASX rallies 1.1pc as miners and CBA jump

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

News

Cryptocurrency Movies

Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News Flashback

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Bullish is a mindset"

Media Man Int

Markets

October 1, 2025

Sydney, Australia

ASX futures down 5 points or 0.1% to 8868

Wall Street: S&P 500 +0.4%, Dow Jones +0.2%, Nasdaq +0.3%

Europe: Stoxx 50 +0.4%, FTSE +0.5%, DAX +0.6%, CAC +0.2%

Bitcoin +0.3% to $US114,743

Gold +0.7% to $US3858.98 per ounce

US oil -1.6% to $US62.46 a barrel

Brent crude -1.4% to $US67.02 a barrel

Iron ore +0.5% to $US103.55 per tonne

10-year yield: US 4.15% Australia 4.29% Germany 2.71%

Cryptocurrency News, Fintech, Blockchain, Media

September 29, 2025

Cryptos Today: (Near Live)

Bitcoin $114,160.79 +1.91%
Ethereum $4,222.43 +2.12%
Tether $1.0005 -0.02%
XRP $2.8938 +1.08%
Solana $214.06 +2.03%
TRON $0.3372 +0.45%
Dogecoin $0.2369 +0.18%

News

September 29, 2025

Crypto market attempts to form a double bottom

Market Overview

The crypto market has been gaining since the start of the day on Friday, adding 3.5% during this time to $3.85 trillion, but still 1.3% below the level of a week earlier.

The rebound is coming from roughly the same levels as in early September. Once again, altcoins are recovering stronger than BTC. Such outperformance in the early stages of recovery often indicates the future winners of the race, which in this case are altcoins.

The sentiment index fell to 28 on Friday but recovered to 50 by Monday. The approach to the extreme fear zone seems to have activated optimists, who began to buy back the drawdown. However, cautious traders will likely prefer to wait for the results of the 50-day moving average test, which is currently passing through $3.92 trillion.

At the end of last week, Bitcoin found support at 109,000. It was bought at roughly the same levels as the end of August and even slightly higher, which is positive for the bulls. On the other hand, September's local high is lower than the previous one, which generally indicates a decrease in volatility and a stronger movement towards a breakout beyond the $108-118K range. Movements within the range can give many false short-term signals.

News Background

Santiment has recorded a surge in mentions of “buy on dip,” which may indicate the likelihood of an imminent rebound. In addition, whales continue to accumulate BTC, and the supply of Bitcoin on exchanges is declining.

However, Glassnode warns of a continued correction, given growing selling pressure from long-term holders and declining institutional demand for ETFs. The first Ethereum ETF with a staking feature from REX Shares and Osprey Funds has launched in the US. Investors will receive monthly payments for supporting the ETH network. Applications from BlackRock and Fidelity are still being reviewed by the SEC.

Ethereum has begun to show signs that a local bottom has likely been reached, notes analyst Mikybull Crypto. The RSI oscillator on daily charts has fallen to its lowest levels since April, when ETH was trading around $1,400.

According to the Wall Street Journal, US regulators are investigating cases of potential insider trading involving companies that accumulate cryptocurrencies in their reserves. The SEC and FINRA have already sent inquiries to a number of companies.

Rating agency Moody's warns that the rapid expansion of cryptocurrencies’ use in developing countries, including stablecoins, poses risks to monetary sovereignty and financial stability. (FxPro)

News

September 25, 2025

The crypto market is digging deeper

Market Overview

The crypto market capitalisation has fallen to a nearly three-week low of $3.83 trillion, falling deeper below its 50-day moving average. However, similar declines at the end of June and the end of August only encouraged buyers. On Thursday morning, Bitcoin wiped out the previous day's gains, while major altcoins, Ethereum, and Solana, have been declining for the fifth trading session in a row.

The sentiment index at 44 barely touches the fear zone, preventing us from talking about a full-fledged reversal in sentiment. Nevertheless, we are once again turning our attention to crypto as an early indicator of risk appetite. Altcoins, as well as small currencies of developed countries, have been losing ground since the Fed cut rates a week ago, and key US indices have joined them since Tuesday.

On Wednesday, Bitcoin unsuccessfully attempted to storm the 50-day moving average. Earlier, BTCUSD fell out of the upward channel that had been forming since early September. These are all signs of a deeper dive ahead, potentially into the $104-107K range.

News Background

Bitcoin's implied volatility has fallen to its lowest level since 2023. Blockchain data points to a “calm before the storm,” according to XWIN Research. The last time this happened, it was followed by explosive growth.

CoinW also calls the situation “the calm before the storm.” Negative funding rates, seasonal trends, and inflows into institutional ETFs tip the odds in favour of growth. According to CoinGlass, Bitcoin has strengthened in October in 10 of the last 12 years.

If US inflation turns out to be moderate, the Fed's rate will be further reduced, and the amount of liquidity in the market will increase. According to QCP Capital, this factor will be the main driver of Bitcoin's growth in October.
However, JPMorgan CEO Jamie Dimon believes that the Fed is unlikely to cut its key rate. He sees factors that are more likely to cause inflation to rise than fall.

SkyBridge Capital founder Anthony Scaramucci confirmed his previous forecast that Bitcoin will reach its target of $150,000 by the end of the year. In his opinion, November-December is the most favourable period for buying BTC.

Pantera Capital CEO Dan Morehead said BRICS countries, including Russia and China, view Bitcoin as a tool for de-dollarisation. In his opinion, these countries will prepare to create state Bitcoin reserves and their own Bitcoin ETFs. (FxPro)

News

Blockchain News

1. SWIFT Announces Blockchain-Based Overhaul for Global Payments

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), which handles millions of daily transactions, is integrating a blockchain-based ledger into its infrastructure. This move aims to enhance interoperability and speed, with top global banks collaborating on the project.

In response to rising stablecoin competition, SWIFT's update could accelerate tokenized asset adoption. Industry experts see this as a pivotal step toward hybrid traditional-fintech systems.

Related buzz: Qatar National Bank (QNB) has adopted JPMorgan's blockchain platform for instant USD payments in the Middle East, building on its prior Ripple partnership for cross-border efficiency.

2. Institutional Momentum:

BlackRock's Bitcoin ETF Expansion and Treasury PlaysBlackRock filed for a Bitcoin Premium Income ETF, extending its dominance beyond the $87 billion iShares Bitcoin Trust. This signals growing mainstream interest in yield-generating crypto products.

Anthony Scaramucci-backed Hivemind Capital launched a $550 million fund to acquire digital tokens on the Avalanche blockchain—the first of its kind for on-chain treasuries.

However, institutional Bitcoin acquisitions have slowed sharply, with treasuries scaling back amid market volatility. Analysts predict a potential cycle dip mirroring 2017, with $200K BTC targets if liquidity holds.

3. Regulatory and Government Advances

Nasdaq proposed rule changes to tokenize equity securities and exchange-traded products, potentially unlocking billions in on-chain capital markets.

The SEC is drafting an "innovation exemption" to fast-track digital asset product approvals, while U.S. lawmakers push to include crypto in retirement plans.

Stablecoin legislation is also advancing in Congress.

Globally, Kyrgyzstan plans to migrate government services on-chain by 2028, and the Philippines is exploring blockchain post-corruption protests.

Fnality, a blockchain payment firm, raised $136M from major banks for real-time settlements.

4. Tech Innovations and Ecosystem GrowthAmadeus Protocol unveiled the world's first "thinking blockchain," converting mining power into AI intelligence via unique Proof-of-Work (uPoW).

Solana developers are debating removing block limits after the Alpenglow upgrade to boost capacity for high-performance validators.

Layer-1 blockchains are solidifying as crypto's backbone, with tokenized assets and stablecoin rules testing their scalability.

AGII launched optimization engines for reliable blockchain automation in Web3.

In gaming and RWAs:

OFA Group's real-estate tokenization platform with Blockchain App Factory, and AAA's document-authentication pilot using Integra Ledger.

5. Market Sentiment and Warnings

Bitcoin's upward grind continues, but analysts flag 10-20% pullbacks and a possible financial crash by late September tied to global M2 liquidity.

XRP ETF speculation is heating up, with bearish trader bets amid approval rumors.

Broader trends: Korea Blockchain Week (through Sep 28) featured exchange partnerships and regulatory updates. Decentralized apps like Bitchat surged in Madagascar during protests.

News Flashback

September 24, 2025

BTC Calm Breaks as Bulls Face Resistance

Digital assets have been hit by one of the biggest sell-offs since the beginning of the year. According to Coinglass, 1.5 billion dollars in long positions were liquidated at the start of this week. Bitcoin fell from its monthly highs due to a revision of market views on the fate of the federal funds rate, the strengthening of the US dollar, and concerns about a decline in demand.

Corporations have accumulated $116 billion worth of Bitcoin and have become serious players in the market. The fall in their shares, coupled with Nasdaq's requirement for shareholder approval of new issues, has created real panic. If these financial institutions find it difficult to raise funds through securities issues, demand for digital assets will fall, and prices will also drop.

Optimists believe that this is not the case. There are also specialised exchange-traded funds and the resumption of the Fed's monetary policy easing cycle is likely to increase demand for Bitcoin ETFs. The outflow of capital from money market funds will also play a role. Reserves increased to a whopping $7.7 trillion in 2025. The average yield was 4.1%, which is significantly higher than the average 0.6% on bank deposits. As the federal funds rate declines, yields will fall, and money will flow into other ETFs, including those related to cryptocurrency.

Investors believe that over time, the link between US stock indices and Bitcoin will be restored. However, while US stocks have such an important growth driver as artificial intelligence technology, Bitcoin does not. Companies from the S&P 500, especially tech giants, regularly report positive corporate reports. Interest in cryptocurrency purchases by corporations, on the contrary, is falling.

The cryptocurrency market is prone to extremes. The highest derivative bets are concentrated at the 95,000 and 140,000 levels. This means that after a long period of calm, investors are expecting to see a real storm. Much will depend on the ability of Bitcoin bulls to overcome important resistance levels at 113,500 and 115,000. If they succeed, there will be a chance to restore the uptrend. Failure will increase the risks of a Bitcoin correction. (FxPro)

News

Best Quotes Of The Day

Cryptocurrency

“Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme.” – Naval Ravikant, former CEO of AngelList

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.“ – Tyler Winklevoss, co-CEO of Gemini

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." —John McAfee, Founder of McAfee Associates

“There are 3 eras of currency: Commodity based, politically based, and now, math-based.“ – Chris Dixon, Venture Capitalist at Andreesen Horowitz

“As the value goes up, heads start to swivel and skeptics begin to soften. Starting a new currency is easy, anyone can do it. The trick is getting people to accept it because it is their use that gives the “money” value.“ - Adam B. Levine, CEO of Tokenly

“Trading Bitcoin is like trading Apple, Amazon, Google, or Facebook a decade ago. The more you obsess over timing the market, the more mistakes you make. They were all technology networks that were dominant & destined to grow.” - Michael Saylor, Former CEO of MicroStrategy

"Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly." - Vitalik Buterin, Co-Founder of Ethereum

"The Latin American countries where you have this combination of inflation or hyperinflation cycles – deflation as well – and then you have very high friction for financial transactions, a high percentage of people who are unbanked, cryptocurrencies make total sense." – Fred Thiel, CEO of Thiel Advisors & Marathon Digital Holdings

“…we know gold is a $12 trillion asset, bitcoin’s about a 10th of gold. Could they be half of gold? At one point, Sure, it could … And at some point, it will be larger than gold… that money is finding its way to Gen Z and Millennials, and they feel much more comfortable with digital gold than old clunky gold.” - Mike Novogratz, CEO of Galaxy Digital

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” - Satoshi Nakomoto, Founder of Bitcoin

Entertainment/Media: Stocks

September 19, 2025

TKO Group $201.11 -1.69 -0.83%
Walt Disney Co $113.76 -1.10 -0.96%
Paramount Skydance Corp $18.92 +1.05 +5.85%
Warner Bros Discovery Inc $19.33 +0.63 +3.37%
News Corp Class A $30.62 +0.17 +0.56%

FOX Business FOX News - US Economy

Sky News Australia

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Magnificent 7

Most Recent Market Trades

August 29, 2025 (U.S)

Netflix $1,208.25 -23.20 -1.88%

NVIDIA Corp $174.18 -3.32% -5.99

Microsoft Corp $506.69 -2.95 -0.58%

http://Amazon.com Inc $229.00 -2.60 -1.12%

Meta Platforms Inc $738.70 -12.4 - 11.65%

Alphabet Inc Class A $212.91 +1.27 +0.60%

Bonus

TKO Group $189.56 -0.58 -0.31%

*correct at time of publication

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Netflix $1,204.65 -1.56 -0.13%

NVIDIA Corp $177.99 +3.01 +1.72%

Microsoft Corp $507.23 +2.99 +0.59%

Amazon.com Inc $228.84 +6.89 +3.10%

Meta Platforms Inc $754.79 +15.69 +2.12%

Alphabet Inc Class A $206.09 +6.34 +3.17%

Bonus

TKO Group $186.17 +2.06 1.12%

*correct at time of publication

Markets, Crypto and Culture

August 29, 2025

Sydney, Australia

Markets

ASX futures down 28 points/0.3% to 8930

Australian dollar +0.4% to 65.32 US cents

Wall Street:
S&P 500 +0.3%
Dow Jones +0.2%
Nasdaq +0.5%

Europe:
Stoxx 50 +0.1%
FTSE -0.4%
DAX flat
CAC +0.2%
IBEX +0.3

Bitcoin -0.4% to $US111,910

Gold +0.6% to $US3417.16 per ounce
Oil +0.2% to $US64.29 a barrel
Brent crude oil +0.4% to $US68.33 a barrel
Iron ore +2% to $US104.50 per ton

10-year yield:
US 4.20%
Australia 4.28%
Germany 2.69%

News

Cryptos Today: (Near Live)

Bitcoin $112,305.87 USD +0.68%
Ethereum $4,500.66 USD -0.60%
Tether $1.00 USD -0.07%
XRP $2.97 USD -0.41%
BNB $873.69 USD +1.88%
Dogecoin $0.2244 USD +1.84%

News

Leading altcoins are once again attempting to pull the crypto market upwards

Market Overview

The crypto market capitalisation has increased by almost 2% to $3.86 trillion over the past 24 hours due to the traction of major altcoins such as Ethereum (+4%), XRP (+3%), Solana (+7.8%), and Dogecoin (+4.9%).

Crypto enthusiasts were expecting a different altcoin season, but it is still worth noting their outperformance relative to the first cryptocurrency.

Bitcoin gained 1% to $111K during the day after spending most of Tuesday forming the basis for a rebound on dips below $110K. This is an important indicator of interest in buying on dips, which probably encouraged more risk-tolerant altcoin buyers. The former is also lagging the stock market, where the S&P500 is on the verge of historic highs, and the Nasdaq100 is 1.8% below its historic high.

News Background

The Bitcoin derivatives market points to pessimistic sentiment, as market participants are actively buying put options.

New investors are selling Bitcoin at a loss. In this way, the market is getting rid of ‘weak hands’ and preparing a support base for future growth, notes analyst Crazzyblockk.

GLJ Research head Gordon Johnson said that BTC is at risk of a 65% collapse due to a reduction in dollar liquidity in the US financial system for the first time since 2022. Only the Fed’s abandonment of quantitative tightening (QT) and a return to new quantitative easing (QE) can remedy the situation.

According to Bitfinex, the altcoin season will not start until new cryptocurrency ETFs are approved. It is only expected to begin at the end of the year. The SEC is currently reviewing more than 70 applications to launch altcoin-based ETFs.

Citi warns that paying interest on stablecoin deposits could cause a massive outflow of deposits from the banking system. A similar situation was observed during the money market fund boom in the United States in the 1980s. (FxPro)

News

The reversal of the trend in crypto has been confirmed

Market Overview

The crypto market has been on a downward trend for the last 12 days, falling to $3.76 trillion on Tuesday morning and later stabilising at $3.79 trillion.

Capitalisation fell below the 50-day moving average and the area of recent lows, giving a technical signal of a change in the trend from growth to decline. The declines in this area over the past three months have been close to the bottom of local corrections.

The sentiment index remains fairly stable in neutral territory (48 versus 47 the day before). Declines in this area over the last three months have been close to the bottom of local corrections.

Bitcoin is trading near $110K, dropping to a low of $108.5K. Local attempts to stabilise in BTC are being replaced by even greater sell-offs.

News

Why is EURUSD falling even though the Fed has softened its rhetoric?

EURUSD has fallen back below 1.1600, quickly losing Friday's momentum and forming its third lower local peak since the beginning of July. Trade flows and expectations of weaker growth due to tariffs could bring the pair back to the lows of the end of last year or push it below parity.

This dynamic contrasts with the news agenda, according to which the differential between the ECB and Fed key rates will soon begin to shift in favour of the former, as the ECB is close to completing its cycle of rate cuts and the Fed is ready to resume its easing.

But there is a perfectly reasonable explanation: trade flows. The EURUSD gained momentum sharply at the beginning of the year as US companies and consumers rushed to buy before tariffs were raised. Now we are at the point of the reverse process, when imports will be below the norm of recent years. Moreover, long-term fundamental factors are coming into play, such as suppressing production in Europe and supporting it in the US. The same shift from the dollar to the euro occurred in 2017, when the first trade conflicts began, and continued until March 2018, when tariffs were introduced.

The eurozone can counter this trend through further rate cuts or government financial incentives. Due to chronic budget deficits, the former is more likely. The Fed's rate is now 2.2 percentage points higher than the ECB's, above previous turning points of 2.7 points in 1999, 2.5 in 2006 and 2.4 in 2019.

This approach is supported by rising inflation in the US versus deteriorating activity in Europe. Fundamental factors alone could push EURUSD to last December's lows or even below parity, which we last saw in September 2022.

However, traders in the market are dealing with a reality in which Washington is increasing pressure on the Fed, calling for a sharper rate cut. In extreme cases, this threatens to repeat the 33% rally in EURUSD between November 2005 and March 2008. In this case, the single currency could fall to the 1.40 level, which has not been reached for the last 11 years.

Nevertheless, we consider political interference in monetary policy a risk. The main scenario is based on a balance of fundamental forces, which are currently bearish for EURUSD. (FxPro)

News Flashback

S&P500’s buy-the-dip sentiment helped Bitcoin

The sell-off of Bitcoin following Congress's passage of a law regulating the circulation of stablecoins and the retreat of US stock indices from record highs allowed Bitcoin bears to push prices below the lower boundary of the $116k—$120k consolidation range. When it looked like a severe correction was coming, US stocks stepped in again. Investors bought up the S&P 500 dip, and Bitcoin immediately bounced back.

Changes in global risk appetite continue to be the main driver of cryptocurrency prices. July saw a series of record highs for the S&P 500, making it a successful month for Bitcoin. Meanwhile, Bitcoin-focused ETFs attracted $6 billion, the third-best result in the history of specialised exchange-traded funds. Ether ETFs were not far behind, with a record inflow of $5.4 billion.

The situation changed dramatically at the turn of July and August. Interest in digital assets began to cool. Coinbase's Bitcoin premium fell into the red for the first time since May, indicating a decline in demand from US investors. Open interest in Bitcoin and Ether futures contracts fell by 13% and 21%, respectively, compared to Bitcoin's record high. According to Coinglass, on the last day of July, $800 million in long positions across all cryptocurrencies were liquidated.

Speculators doubt the rally's continuation, while crypto treasuries are buying Bitcoin under any conditions. On pullbacks or at market prices, ‘Strategy’ acquired more than 21,000 coins worth $2.46 billion during the week of July 28th to August 3rd. This is the third-largest cryptocurrency purchase by Michael Saylor's company since records began. The average price is the second highest in history. As a result, Strategy's reserves have grown to more than $71 billion.

The future dynamics of Bitcoin will depend on the fate of US stock indices and capital flows into ETFs. If the S&P 500's successes are temporary, Bitcoin will be forced to undergo a deep correction. If its quotes remain below the middle of the previous consolidation range of $116k—$120k, the bears are in control. (FxPro)

News Flashback

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

The latest wave of oil sell-offs began with the realisation that US trade tariffs from August will be higher than initially expected, as higher tariffs are associated with an economic slowdown and weaker demand for energy. Fears of an economic slowdown intensified after the release of unexpectedly weak US employment data on Friday. Over the weekend, concerns were heightened by OPEC+'s increase in production quotas, which was reflected in the markets on Monday.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

Considering the quota increases since April, the entire voluntarily reduced volume of 2.2 million barrels per day will return to the market. This is a rather bold decision, given the growing fear that the global economy is slowing down.

Some link such steps by the cartel to the risks of supply disruptions due to potential sanctions from the US and the EU. In our opinion, it is also worth considering the cartel's intention to regain its market share from the US in this way.

Oil producers in the US are very sensitive to price, sharply cutting investment when prices fall. At the beginning of April, there were 489 oil rigs in operation, but according to data published on Friday, this number has fallen to 410. In the long term, a gradual increase in production efficiency should be considered, but at intervals of six months, it is unlikely that there will be any sharp progress. Therefore, we can expect some US production reduction and a gradual recovery in the share of traditional oil producers such as Saudi Arabia, Russia and the UAE.

The price of WTI crude oil, which rose to close to $70 at its peak last week, has returned to the lower end of the range since early June at $65. Closing the day below 66 will mark a failure below the 200- and 50-day moving averages, increasing the potential for further declines.

If OPEC+ really plans to increase its share of the oil market, it may not oppose further price declines. The intensification of negative trends in the global and US economies could bring the price back to this year's lows of $55 by the end of September and to the lower end of the downward corridor of $50 by the end of the year. However, further trends will depend heavily on the reaction of monetary authorities and oil producers. (FxPro)

News Flashback

July 29

Ethereum continues attempt to climb above $4,000

Market Picture

The crypto market lost 1%, falling back to a capitalisation of $3.9 trillion. This was a natural pullback against the backdrop of the dollar's impressive strengthening the day before. However, on Tuesday, the bulls were back in charge, bringing the market back to a level above Monday's opening but not yet reaching its peak.

Bitcoin is trading near $118.7K, unable to break through the resistance at $120K. This indecision to break out of the range is likely to continue until the market sees the Fed's key rate decision on Wednesday evening.

Ethereum rose to $3,930 at the end of the day, fell back to $3,700 on Monday, where it found interest from new buyers and rose to $3,830 at the time of writing. The last seven days have seen a fairly sharp upward trend, and if this trend continues, the price will rise above 4,000 by the end of this week.

News Background

According to CoinShares, global investment inflows into crypto funds last week amounted to $1.908 billion. Investments in Ethereum increased by $1.595 billion, Solana by a significant $312 million, XRP by $190 million, and Sui by $8 million. Investments in Bitcoin decreased by $175 million.

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

According to Strategic ETH Reserve, the volume of the second cryptocurrency on the balance sheets of public companies has reached 2.32 million ETH (~$9.11 billion) — 1.92% of the total Ethereum supply. Bitmine Immersion Tech, associated with Fundstrat founder Tom Lee, pursues the most aggressive strategy. The company has ~566,800 ETH ($2.23 billion) on its balance sheet.

BNB, the fifth-largest cryptocurrency by capitalisation, updated its historical high above $860 on Monday. Against this background, Binance founder Changpeng Zhao's estimated fortune exceeded $76 billion. According to Forbes, Zhao owns 64% of the BNB supply — about 89.1 million tokens. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies

Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

"Bullish is a mindset"

Markets, Crypto and Culture

August 26, 2025

Sydney, Australia

Markets

ASX futures down 27 points/0.3% to 8922

Australian dollar -0.1% to 64.83 US cents

Wall St:
S&P 500 -0.4%
Dow Jones -0.8%
Nasdaq -0.2%

Europe:
Stoxx 50 -0.8%
FTSE +0.1%
DAX -0.4%
CAC -1.6%

Bitcoin -2.4% to $US109,666

Gold -0.2% to $US3365.84 per ounce
Oil +1.7% to $US64.75 a barrel
Brent crude oil +1.5% to $US68.77 a barrel
Iron ore +2.6% to $US103.25 per ton

10-year yield:
US 4.28%
Australia 4.28%
Germany 2.75%

News

Cryptos Today: (Near Live)

Bitcoin $110,414.41 USD -2.24%
Ethereum $4,399.15 USD -7.35%
Tether $1.00 USD -0.03%
XRP $2.86 USD -5.08%
BNB $845.31 USD -3.54%
Dogecoin $0.2096 USD -8.91%

News Flashback/Lead-up

August 19, 2025

Cryptocurrency market nervousness grows

Market Overview

The cryptocurrency market cap fell by another 0.4% to $3.87 trillion. The market is plunging below the former resistance level, raising speculators' fears of a possible major correction towards $3.6 trillion.

Bitcoin fell to $114.7k, rolling back to levels seen two weeks ago and below the medium-term trend line, which is a 50-day moving average. This dynamic reinforces fears of a deeper correction, which could affect the entire crypto market, potentially triggering a deeper correction to $100K, near the 200-day MA.

Ethereum rolled back to $4,200, losing more than 12% from its peak. The second-largest coin by capitalisation is seriously aiming to test the strength of the former resistance area near $4,100, which has been holding back price growth since March 2024. The ability to stay above this level will indicate a change in the market regime for this cryptocurrency, as the abundant capital inflows also suggest.

News Background

According to CoinShares, global investment in crypto funds rose more than sixfold last week to $3.748 billion, the highest inflow in the last four weeks. Investments in Bitcoin increased by $552 million, Ethereum jumped by $2.868 million, Solana grew by $177 million, XRP by $126 million, and Sui by $11 million.

According to Glassnode, the number of addresses with a balance of more than 10,000 BTC fell to an annual low, and the number of wallets with 1,000–10,000 BTC also decreased. This indicates that large holders are taking profits after reaching record highs.

According to Canary Capital, Bitcoin is 50% likely to reach $140,000–$150,000 by the end of 2025, but a bear market will come next year.

Solana became the first network to reach 107,540 transactions per second (TPS) during a stress test. The actual throughput of the blockchain is lower, at around 3,700 TPS, which is 59 times higher than that of the main Ethereum network. (FxPro)

News Flashback

S&P500’s buy-the-dip sentiment helped Bitcoin

News Flashback

Bitcoin tests support at 50-day MA

Market Picture

The crypto market rolled back at the end of last week following a reduction in risk appetite in the financial markets. However, on Sunday, sentiment changed with the return of active buyers near the total capitalisation of $3.60 trillion. At the time of writing, the market is at $3.73 trillion (+3.6%). Less than 10% of the top 100 coins show gains over 7 days, among which the largest are TRON (+2.2%) and TON (+4.5%).

The crypto market sentiment index fell to 53 by Sunday morning, a six-week low, but recovered to 64 on Monday, reflecting a resurgence of bullish sentiment. However, another impressive upward move will be needed to confirm a local victory for the bulls.

On Saturday and Sunday, Bitcoin received support from buyers on declines below $112K near the 50-day moving average - the fourth touch of this curve since April. On the “buy the dip” sentiment, the first cryptocurrency recovered to $115K on Monday morning. The rebound from support is a bullish signal for the next couple of days, but the fact that it has been tested frequently raises concerns for the medium term. News Background

According to SoSoValue, net outflows from spot Bitcoin ETFs in the US amounted to $812.3 million on August 1, the highest since February 25. As a result, the weekly outflow from BTC ETFs amounted to $643 million, a record high for the past 16 weeks.

The net outflow from spot Ethereum ETFs in the US on Friday amounted to $152.3 million. However, inflows in the previous days of the week managed to keep the indicator in positive territory (+$154.3 million). The positive trend has continued for 12 consecutive weeks.

Analyst Ali Martinez says that over the past two days, Bitcoin whales have bought 30,000 BTC. According to Santiment, over the past four months, whales with balances ranging from 10 to 10,000 BTC have accumulated 0.9% of the total coin supply.

According to The Block, trading volume on centralised crypto exchanges exceeded $1.7 trillion in July (the highest since February 2025), and trading volume on decentralised exchanges (DEX) also reached its highest level since January.

Galaxy Digital warned of risks in the public company sector, which accumulates cryptocurrencies by issuing shares. The model creates systemic vulnerability and could lead to a cascade collapse.

US SEC Chairman Paul Atkins announced Project Crypto. The project’s key objective is to establish clear rules for cryptocurrencies and turn the US into the “world’s crypto capital.” (FxPro)

News Flashback

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

News Flashback

July 29

Ethereum continues attempt to climb above $4,000

Market Picture

News Background

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies
Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

"Bullish is a mindset"

Markets, Crypto and Culture

August 18, 2025

Sydney, Australia

Markets

ASX futures down 53 points or 0.6% to 8843

Australian dollar +0.1% to 65.10 US cents

Wall Street:
S&P 500 -0.3%
Dow Jones +0.1%
Nasdaq -0.4%

Europe:
Stoxx 50 +0.3%
FTSE -0.4%
DAX -0.1%
CAC +0.7%

Bitcoin +0.1% to $US117,786

Gold flat at $US3336.19 per ounce
US oil -1.8% to $US62.80 a barrel
Brent crude oil -1.5% to $US65.85 a barrel
Iron ore flat at $US102.05 per ton

10-year yield:
US 4.32%
Australia 4.23%
Germany 2.79%

News

Cryptos Today: (Near Live)

Bitcoin $118,026.62 USD +0.18%
Ethereum $4,524.48 USD +1.94%
Tether $1.00 USD -0.20%
XRP $3.11 USD +0.02%
BNB $858.06 USD +2.27%

News

Bitcoin hit new highs but then dropped back down

Market Overview

The crypto market cap rose to $4.20 trillion on Thursday morning before dropping back down somewhat to $4.14 trillion. But even with the correction, the daily gain is close to 2%, led by Bitcoin's slide to a new peak of $124.5K. Among the major coins, Cardano (+18%), Near Protocol (+6.2%) and Trump (+5.9%) were the leaders.

The sentiment index rose to 75, ready to move into the extreme greed zone. It was previously held at this level throughout the second half of July, but the entire crypto market was in a range at that time. (FxPro)

News Flashback

Summer Break for the Crypto Market

Market Overview

The cryptocurrency market began August with a relatively narrow range of $3.6-3.8 trillion, ending Wednesday at $3.72 trillion. The support received in the area of previous peaks set in December and January suggests that this is a temporary pause to lock in profits and gain liquidity before a new surge. At the same time, however, such sluggishness is turning away the most active traders, who are used to seeing multiple rallies. Now they have moved on to very small projects.

On Tuesday, Bitcoin was again approaching its 50-day moving average. Such frequent testing of the medium-term trend signal line indicates accumulated fatigue in the first cryptocurrency. For comparison, the crypto market's total capitalisation is still moving significantly above its 50-day average, which is currently around $3.57 trillion.

News Background

Institutional investors are actively buying up Ethereum, while retail traders remain on the sidelines. SharpLink bought 83,561 ETH ($264.5 million) last week at an average price of $3,634. The company's reserves amount to almost 522,000 ETH (~$1.9 billion). However, Bitmine Immersion Tech remains the leader, with 833 coins worth over $3 billion. A total of 64 corporations now own 2.96 million ETH ($10.81 billion) or 2.45% of the total Ethereum supply.

Large companies continue to buy Bitcoin, adding 26,700 BTC to their reserves in July. Strategy bought 21,021 BTC for $2.46 billion last week. According to BitcoinTreasuries, public and private companies now hold 1.35 million BTC ($155 billion) on their balance sheets — more than 6% of the total digital gold supply.

US regulators have proposed new rules for the crypto industry. The CFTC has launched an initiative to legalise spot trading of cryptocurrencies on registered exchanges, and the SEC has updated its guidance on stablecoin accounting rules.

USDe from Ethena Labs has become the third-largest stablecoin. Since mid-July, its capitalisation has grown by 75% to $9.5 billion. Demand for the asset may have been spurred by high yields ranging from 10% to 19% per annum. The total capitalisation of all stablecoins has been growing for the seventh month in a row and is approaching $275 billion. (FxPro)

News

S&P500’s buy-the-dip sentiment helped Bitcoin

News

Bitcoin tests support at 50-day MA

Market Picture

Galaxy Digital warned of risks in the public company sector, which accumulates cryptocurrencies by issuing shares. The model creates systemic vulnerability and could lead to a cascade collapse.

US SEC Chairman Paul Atkins announced Project Crypto. The project’s key objective is to establish clear rules for cryptocurrencies and turn the US into the “world’s crypto capital.” (FxPro)

News Flashback

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

News Flashback

July 29, 2025

Ethereum continues attempt to climb above $4,000

Market Picture

News Background

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies
Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

Markets, Crypto and Culture

August 13, 2025

Sydney, Australia

Markets

ASX futures up 20 points/0.2% to 8858

Australian dollar -0.1% to 65.27 US cents

Wall Street:
S&P 500 +1.1%
Dow Jones +1.1%
Nasdaq +1.4%

Europe:
Stoxx 50 +0.1%
FTSE +0.2%
DAX -0.2%
CAC +0.7%

Bitcoin +1% to $US120,008

Gold +0.2% to $US3348.26 per ounce

US oil -1.3% to $US63.11 a barrel

Brent crude oil -0.8% to $US66.12 a barrel

Iron ore +0.9% to $US104.40 per ton

10-year yield:
US 4.29%
Australia 4.24%
Germany 2.74%

News

Cryptos Today: (Near Live)

Bitcoin $119,583.76 USD +0.87%
Ethereum $4,564.07 USD +8.51%
Tether $0.9993 USD -0.03%
XRP $3.26 USD +4.27%
BNB $832.17 USD +4.08%

News

Summer Break for the Crypto Market

Market Overview

News Background

News

S&P500’s buy-the-dip sentiment helped Bitcoin

News

Bitcoin tests support at 50-day MA

Market Picture

Galaxy Digital warned of risks in the public company sector, which accumulates cryptocurrencies by issuing shares. The model creates systemic vulnerability and could lead to a cascade collapse.

US SEC Chairman Paul Atkins announced Project Crypto. The project’s key objective is to establish clear rules for cryptocurrencies and turn the US into the “world’s crypto capital.” (FxPro)

News Flashback

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

News Flashback

July 29, 2025

Ethereum continues attempt to climb above $4,000

Market Picture

News Background

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies
Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

Markets, Crypto and Culture

August 7, 2025

Sydney, Australia

Markets

ASX futures down 24 points/0.3% to 8782

Australian dollar +0.5% to 65.02 US cents

Wall Street:
S&P 500 +0.7%
Dow +0.2%
Nasdaq +1.2%

Europe:
Stoxx 50 +0.3%
FTSE +0.2%
DAX +0.3%
CAC +0.2%

Bitcoin +1.3% to $US115,115

Gold -0.4% to $US3368.83 per ounce
Oil -1.5% to $US64.19 a barrel
Brent crude oil -1.4% to $US66.72 a barrel
Iron ore -0.5% to $US101.95 per ton

10-year yield:
US 4.23%
Australia 4.25%
Germany 2.65%

News

Cryptos Today: (Near Live)

Bitcoin $115,228.43 USD +1.52%
Ethereum $3,674.05 USD +3.25%
Tether $1.00 USD +0.02%
XRP $3.00 USD +2.50%
BNB $770.47 USD +3.07%

News

Summer Break for the Crypto Market
Market Overview
The cryptocurrency market began August with a relatively narrow range of $3.6-3.8 trillion, ending Wednesday at $3.72 trillion. The support received in the area of previous peaks set in December and January suggests that this is a temporary pause to lock in profits and gain liquidity before a new surge. At the same time, however, such sluggishness is turning away the most active traders, who are used to seeing multiple rallies. Now they have moved on to very small projects.

News Background
Institutional investors are actively buying up Ethereum, while retail traders remain on the sidelines. SharpLink bought 83,561 ETH ($264.5 million) last week at an average price of $3,634. The company's reserves amount to almost 522,000 ETH (~$1.9 billion). However, Bitmine Immersion Tech remains the leader, with 833 coins worth over $3 billion. A total of 64 corporations now own 2.96 million ETH ($10.81 billion) or 2.45% of the total Ethereum supply.

News

S&P500’s buy-the-dip sentiment helped Bitcoin

News

Bitcoin tests support at 50-day MA

Market Picture

Galaxy Digital warned of risks in the public company sector, which accumulates cryptocurrencies by issuing shares. The model creates systemic vulnerability and could lead to a cascade collapse.

US SEC Chairman Paul Atkins announced Project Crypto. The project’s key objective is to establish clear rules for cryptocurrencies and turn the US into the “world’s crypto capital.” (FxPro)

News

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

News Flashback

July 29, 2025

Ethereum continues attempt to climb above $4,000

Market Picture

News Background

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies
Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:

Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.

Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):

Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Gold, copper, & silver: How metals are moving this year

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

Cryptos: (Near Live)

BTC $117,250.66 USD -1.09%
Ethereum $3,111.50 USD +4.36%
Tether $0.9999 USD -0.23%
XRP $2.89 USD +0.33%
BNB $687.41 USD +0.41%
Solana $161.92 USD +0.68%
USD Coin $0.9994 USD -0.07%
Dogecoin $0.1968 USD +1.99%
TRON $0.301 USD -0.30%
Cardano $0.7372 USD +1.79%

Markets, Cryptos and Culture

July 8, 2025

Australian dollar -0.96% to 64.93 US cents

Wall Street:
S&P 500 -0.79%
Dow -0.94%
Nasdaq -0.92%

Europe:
Stoxx 50 +1%
FTSE -0.19%
DAX +1.2%
CAC +0.35%

Bitcoin -0.59% to $US108,145

Gold +0.11%t $US3346.50 per ounce
US oil +1.54% to $US68.03 a barrel
Brent crude oil +1.96% to $US69.64 a barrel
Iron ore -1.02% at $US95.22 per ton
10-year yield: US 4.38% Australia 4.18% Germany 2.64%

News

Cryptos Today: (Near Live)

Bitcoin $108,222.28 USD -1.43%
Ethereum $2,539.11 USD -2.53%
Tether $1.00 USD -0.21%
XRP $2.28 USD -0.50%
BNB $660.68 USD -0.77%
Solana $148.30 USD -3.28%
USD Coin $1.00 USD +0.12%
Dogecoin $0.1667 USD -3.96%
TRON $0.2865 USD -0.22%
Cardano $0.576 USD -2.83%
Wrapped Bitcoin $108,045.74 USD -1.45%
Bitcoin Cash $493.24 USD -0.85%
Sui $2.84 USD -4.23%
Chainlink $13.36 USD -2.55%
UNUS SED LEO $9.04 USD -0.14%

Cryptocurrency News

Market Trends: The crypto market is showing volatility with positive momentum. Bitcoin is trading around $109,031.50, up 0.69%, while Ethereum is at $2,561.66, up 1.77%. Solana ($151.09, +2.45%) and other altcoins like Chainlink ($13.46, +1.79%) are also trending upward. The total crypto market cap is steady at $3.47 trillion.

Bitcoin Developments: Bitcoin treasury companies are gaining dominance, with public companies, including one linked to President Donald Trump, aggressively buying crypto amid a softening regulatory environment. Spot Bitcoin ETF inflows have reached $14.4 billion in 2025 through July 3. Bitcoin hit a $2 trillion valuation, rivaling major corporations like Apple.

Regulatory Updates:
The UAE denied claims that staking Toncoin (TON) could lead to golden visa eligibility, causing a 6% price drop after a 10% surge.

Hong Kong established the world’s first stablecoin regulatory regime, effective August 1.

Ripple and Circle are applying for U.S. national bank charters, signaling mainstream financial integration.

Emerging Projects:
BlockDAG raised $332 million in presale and is preparing for a global launch, making it a top-trending crypto.

Arbitrum (ARB) is gaining attention due to a Robinhood partnership for tokenized U.S. ETF trading.

Mutuum Finance (MUTM) is generating buzz in crypto forums as a new asset with high growth potential.

Scams and Losses: Investors lost nearly $2.5 billion to crypto scams and hacks in 2025 so far, highlighting ongoing security challenges.

Price Predictions: Analysts are bullish, with XRP potentially reaching $3–$3.50 due to restored investor trust post-SEC legal clarity. Some speculate XRP could hit $100 with Wall Street’s entry. Bitcoin and Solana are also projected for significant gains, with Bitcoin possibly reaching $230,000 and Solana targeting $4,390 based on technical patterns. (Grok)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

News

Cryptocurrency Movies

Documentaries

The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)

Key Details:
Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:
Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess.
Inspired by real-life figures like Ivan Boesky and Michael Milken.
A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability). Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

Markets, Cryptos and Culture

June 30, 2025

ASX futures up 5 points/0.1% to 8,521
AUD -0.26% at US65.29¢
Bitcoin +0.83% to $US108,249
Dow +1.0% S&P +0.5% NAS +0.5%
Gold -1.8% to $US3,287.60 an ounce
Oil +0.1% at $US67.77 a barrel
Iron ore +1.4% at $US94.75 a ton

Cryptos Today: (Near Live)

Bitcoin $107,845.11 USD +0.65%
Ethereum $2,443.93 USD +0.58%
Tether $1.00 USD +0.61%
XRP $2.19 USD +0.48%
BNB $651.06 USD +0.75%
Solana $151.66 USD +0.98%
USD Coin $0.9995 USD +0.08%
Dogecoin $0.1647 USD +0.92%
TRON $0.2767 USD +1.31%
Cardano $0.5608 USD -0.45%
Wrapped Bitcoin $107,797.10 USD +0.68%

News

Bitcoin News

Price Movements: Bitcoin is trading at approximately $108,220, with a market cap of $2.15 trillion and a 24-hour trading volume of $10.41 billion, close to its highest monthly close ever, signalling bullish sentiment. It recently reclaimed $106,000 after dipping to $98,500, driven by optimism around a U.S.-brokered Israel-Iran ceasefire and expectations of Federal Reserve rate cuts. Analysts project potential rallies to $120,000-$150,000 by year-end, with some long-term forecasts reaching $500,000 by 2030.

Geopolitical Impact: The ceasefire announcement by U.S. President Donald Trump boosted global market confidence, fuelling a crypto rally. Bitcoin rose 5%, alongside altcoins like Ethereum (9%), Solana (10%), and XRP (7%). However, geopolitical risks, like Middle East tensions, continue to influence volatility.

Institutional and State Adoption: Texas became the first U.S. state to fund a Bitcoin reserve with a $10 million purchase, following Governor Greg Abbott’s signing of Senate Bill 21. The Trump administration is also pushing for a national strategic crypto reserve, including Bitcoin, funded by seized assets. Additionally, Strategy (formerly MicroStrategy) added 245 BTC to its $63 billion holdings, with more purchases expected.

Regulatory Shifts: The U.S. Federal Reserve’s decision to remove “reputational risk” from bank supervision, previously known as Operation Choke Point 2.0, is seen as a positive move for crypto custody services, potentially boosting institutional adoption.

Market Trends: Bitcoin whales are accumulating, with exchange deposits at decade lows, and a bull flag pattern suggests a potential breakout to $117,700. However, concerns linger about quantum computing advancements threatening Bitcoin’s cryptography and the environmental impact of mining operations.

Industry Developments: Vice President JD Vance, speaking at the Bitcoin 2025 Conference, called crypto a “movement,” signaling White House support. Meanwhile, U.S. investor Anthony Pompliano launched ProCap Financial, a $1 billion Bitcoin treasury company, and Texas-based firms are exploring AI-powered energy optimization for mining.

Risks and Scams: Crypto hacks hit a record high in 2025’s first half, and CoinMarketCap faced a scam exploit via malicious pop-ups. Additionally, unclaimed crypto from deceased users is a growing issue, with platforms lacking inheritance tools. (Grok)

News

Blockchain News

Digital Asset Funding: Digital Asset raised $135 million to scale its Canton Network, a permissionless layer-1 blockchain focused on institutional-grade compliance and privacy. The funding, backed by Goldman Sachs and Citadel, aims to accelerate onboarding real-world assets like bonds and alternative funds.

Stablecoin Blockchain Launch: Codex, a blockchain for stablecoins with $16 million in funding from Dragonfly Capital, Coinbase, and Circle Ventures, launched its mainnet. It focuses on bridging crypto and traditional finance, with native USDC support to enhance stablecoin adoption.

Fiserv’s Stablecoin Integration: Fintech giant Fiserv introduced a bank-friendly stablecoin, compatible with the Solana blockchain, leveraging Paxos and Circle infrastructure. This move aims to integrate blockchain-based payments into existing banking systems without additional fees.

Bitcoin Treasury Surge: Institutional Bitcoin adoption is growing, with The Blockchain Group in Paris raising $340 million for a corporate Bitcoin treasury, signaling a trend of firms using BTC to boost share value. Blockstream CEO Adam Back noted this could shift investor focus from altcoins.

US Legislative Push: The US House passed the Deploying American Blockchains Act of 2025 (HR 1664), directing the Secretary of Commerce to promote blockchain adoption and competitiveness, reinforcing US leadership in distributed ledger technologies.

XRP Ledger Advancements: Ripple’s XRP Ledger activated a permissioned decentralized exchange (DEX), blending compliance and decentralization to drive institutional blockchain adoption. Ripple also minted 13 million RLUSD, nearing a major stablecoin market milestone.

Regulatory Developments: Singapore’s new crypto rules mandate licensing by June 30, 2025, with non-compliant firms facing $200K fines or prison. Meanwhile, Vietnam legalized crypto under a new digital tech law, aiming for global tech leadership.

Innovative Blockchain Solutions: Nexus activated a testnet for 2.1 million users, rethinking blockchain infrastructure for AI integration. Algorand partnered with Paycode to bring blockchain-powered payments to underserved communities in Afghanistan, Ghana, and Zambia.

These updates reflect a strong push toward institutional adoption, stablecoin integration, and regulatory clarity in the blockchain space. For more details, platforms like Cointelegraph, The Block, or CoinGape offer comprehensive coverage. (Grok)

News

Gold News

Americans Cash Out on Gold Coins as Asian Investors Bulk Up

Americans who once snapped up gold bars and coins are offloading the assets while their Asian counterparts show no letup in bullion buying, a sign investors on opposite sides of the world have different outlooks on the global economy.

The divergence suggests US residents who stash bars and coins at home or in safe deposit boxes — akin to stock market day traders — are more at ease about US President Donald Trump’s tariffs, rising government debt and geopolitical tensions. And, they’re ready to cash in after the metal’s stunning rally over the past two years.

Known as retail investors, these Americans are bucking broader market trends in which more wealthy investors continue to aggressively buy the haven asset as do sovereign funds and central banks. Meanwhile, Asian gold buyers are eschewing jewelry for bars and coins.

In the US, “A lot of the retail investors tend to be Republican-leaning. And whatever we say about the policy of tariffs, they like the idea of how Trump’s doing,” said Philip Newman, managing director at research consultancy Metals Focus Ltd. “So from their point of view, there’s less reason to buy gold.”

The US market is so awash with bars and coins that some precious metals dealers have slashed their premiums to the lowest in six years to spur sales. And when investors sell, they’re now looking at paying dealers a fee to offload gold.

Bullion dealer Money Metals Exchange LLC currently charges buyers of one-ounce American Eagle gold coins $20 over spot prices, compared with $175 four years ago. And sellers now need to pay about $20 for the online exchange to take the metal, whereas in 2021 they would have received an extra $121 for selling.

The glut has led to a collapse in sales of newly minted bullion products, with the US Mint’s American Eagle gold coins — a proxy for retail demand — tumbling more than 70% in May from the prior year.

The demand for gold bars and coins has been falling for the past three years in North America and Western Europe while rising everywhere else in the world, with last year marking the biggest divergence on record in data going back to 2014, according to Metals Focus. That gap continued into the first quarter of 2025, driven predominately by the selloff in the US market, according to the consultancy.

Meanwhile, demand for bars and coins rose 3% in the Asia-Pacific region in the first quarter, with the Chinese market registering a 12% year-on-year increase, according to the latest data from the World Gold Council, a trade body representing gold miners. South Korea, Singapore, Malaysia and Indonesia all posted gains of more than 30%.

Initial worries of China and Asia getting hit the hardest by Trump’s tariffs led to “super strong” demand for gold in the region, said Kenny Hu, a commodity strategist at Citigroup Inc (C). Concerns about local currency depreciation also means gold remains the go-to asset for Asian investors who played a key role in the metal’s rally since 2024.

Investors in Southeast Asia lacking other investment options have started recognizing gold as a strategic asset, said Brian Lan, managing director of GoldSilver Central, a Singapore-based precious metals dealer.

“Southeast Asians who have memories of the war understand that gold is a form of insurance during periods of uncertainty,” he said.

In the US, profit taking is part of the equation given gold’s stunning climb — up 59% since the beginning of 2024 to $3,274.33 an ounce Friday. But Wall Street banks are split over whether the rally has ended. Goldman Sachs Group Inc. reaffirmed a $4,000-an-ounce forecast by next year and Morgan Stanley expects $3,800 by the end of this year, while Citigroup Inc. sees prices dipping below $3,000 next year.

“When there’s fear, they own more gold and less risk assets,” said Hu of Citigroup. “And now maybe they’re thinking things are actually fine. Tariffs are not that bad. Things will get negotiated out. Geopolitics eventually will de-escalate and US growth may be not that bad.” (AI News)

News

Cryptocurrency Movies

Documentaries
The Rise and Rise of Bitcoin (2014) Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016) Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)

Bitcoin: The End of Money as We Know It (2015) Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films
Crypto (2019) A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021) A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions
Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes

Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy.

For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man

"Everything is a gamble" Greg Tingle, Media Man Group

"It's not that hard to find dirt on people, former journalist or not. Look for the gold in everyone. It's there when you look deep enough. Some people it shines immediately, others one needs to drill a little more" Greg Tingle, Media Man Group

Markets

June 27, 2025

Australian dollar +0.5% to 65.46 US cents

Wall Street:
S&P 500 +0.8%
Dow Jones +0.9%
Nasdaq +1%

Europe:
Stoxx 50 -0.2%
FTSE +2%,
DAX +0.6%
CAC -0.01%

Bitcoin +0.1% to US$107,875

Gold $US3329.90 an ounce at 6.41am AEDT
US oil +0.5% to $US62.26 a barrel at 8.42am AEDT
Brent Crude Oil +0.1% to $US67.78 a barrel
Iron ore -1% at $US94.52 a ton
10-year yield: US 4.24% Australia 4.1% Germany 2.57%

News

Gold once again approaches a cliff edge

The Israel and Iran ceasefire has reduced demand for gold as a safe-haven asset. The precious metal failed to break out of the medium-term consolidation range of $3,100 to $3,400 per troy ounce and resume its upward trend. This signals weakness among bulls and allows Citigroup to predict a fall in prices below $3,000 in 2026. According to the bank, thanks to Donald Trump's ‘big and beautiful’ tax bill, the acceleration of the US economy will push gold prices down. The decrease in geopolitical risks will also contribute to gold's decline.

Goldman Sachs, on the other hand, maintains its forecast for the precious metal to rise to $4,000. It cites the insatiable appetite of central banks, the weakening dollar, and the fall in US Treasury bond yields. Indeed, the White House is keen on lower debt market rates and a weaker currency. A recent survey by the World Gold Council shows that 43% of central banks plan to increase their bullion purchases over the next 12 months, up from just 29% a year ago.

The recent de-escalation has once again tested gold's support at its uptrend, marked by the 50-day moving average. On Friday, sellers pushed the price below this level, which passes through 3324, and are even attempting to stabilise below 3300. In May, a sharp movement managed to push the price back above this line. However, this metric is now turning downward, reflecting over two months of consolidation after reaching recent highs.

All signs indicate a potential repeat of the consolidation seen in November-December last year, which laid the groundwork for the subsequent rally. However, there is also a high probability that the failure to break through the $3500 level over the past two months signals a global trend reversal. We await whether this will mirror 2020, with a 20% correction in the next six months and a two-year sideways movement or resemble the nearly halving in gold prices from 2011 to 2015. (FxPro)

News

ASX dips on tech sell-off; lithium stocks rally

The Australian sharemarket drifted lower on Thursday, with the S&P/ASX 200 easing 0.1 per cent to close at 8,550.8 points. Northern Star Resources fell 2.3 per cent to $18.84, Xero was down 5.3 per cent at $184 and the Commonwealth Bank finished 0.4 per cent lower at $190.71. However, Mineral Resources was up 3.6 per cent at $20.90 and DroneShield added 11.7 per cent to end the session at $2.39. (RMS)

News

'Not the moment' for abandoned rare earths mega-merger, says Lynas boss

A merger of Lynas Rare Earths with MP Materials would create a monopoly of rare earths in the Western world, and the idea that they should merge has been previously flagged. Lynas CEO Amanda Lacaze said on Wednesday that she had been of the view that a merger of the two was a good idea, but that for a "variety of reasons, it didn't happen". Speaking on the sidelines of a talk for the Western Australian Mining Club, she said that there were no discussions between Lynas and MP Materials about a merger at present. She said that deals often have their moment, "and now is not the moment, unfortunately", in terms of one between the two companies. (Roy Morgan Summary)

News

Best Quotes Of The Day

"The best and biggest gold mine is in between your ears. To find the gold, think deeply and think better."

"You are a gold mine of potential power. You have to dig to find it and make it real."

"Don't die without mining the gold in your mind."

"We're like goldfields. Until we dig deep to find what's inside us, our true potentials may be hidden forever."

"Even if you're sitting on a gold mine, you still have to dig." Broadway Mining

"There's a gold mine in you that must be exploited"

Markets and Cryptos

June 16, 2025

Sydney, Australia

Markets

ASX futures down 20 points/0.2% to 8532
AUD -0.1% at US64.81¢
Bitcoin +0.6% to $US105,292
Dow -1.8%
S&P -1.1%
Nasdaq -1.3%
Gold +1.4% to $US3432.34 an ounce
Brent oil +7.0% at $US74.23 a barrel
Iron ore -0.7% at $US93.85 a ton

News

Cryptos

Bitcoin $105,646.18 USD +0.49%
Ethereum $2,549.30 USD +1.19%
Tether $1.00 USD -0.08%
XRP $2.17 USD +1.48%
BNB $648.26 USD +0.76%
Solana $153.19 USD +5.96%
USD Coin $1.00 USD -0.06%
Dogecoin $$0.1752 USD -1.00%
TRON $0.2734 USD +0.70%
Cardano $0.6329 USD +1.50%
Wrapped Bitcoin $105,633.91 USD +0.49%

News

Gold 2nd Ranked To USD In Global Reserves

Gold has firmly reasserted itself as a strategic anchor in the global financial system, now ranking second only to the US dollar—and ahead of the euro—in terms of official reserve holdings measured at market value. This structural shift, outlined in the European Central Bank’s latest report on the international role of the euro, underscores how price dynamics, central bank behavior, and geopolitical realignment have collectively elevated gold’s monetary relevance.

From Inflation Hedge to Geopolitical Barometer

In 2024, gold prices surged by 30%, followed by another 30% year-to-date in 2025, briefly reaching an all-time nominal high of $3,500 per troy ounce in April. This sharp rally signals more than just a technical or inflation-driven cycle—it reflects a broader revaluation of gold’s role amid rising global uncertainty.

Conclusion: Gold’s Strategic Repricing

The ECB’s findings reflect a broader paradigm shift in the logic of reserve accumulation. Gold has not only appreciated in nominal terms—it has been reconceptualized as a core asset for monetary sovereignty and geopolitical insulation.

Its elevation to second place in global reserves is more than symbolic. It signals a growing distrust in traditional reserve currencies and a collective desire among central banks—particularly outside the Western alliance—to build resilience against political and financial coercion.

In this new global context, gold is no longer a passive relic of the past. It is increasingly being recognized as an active pillar of reserve strategy, with implications that stretch far beyond price charts and interest rate models.

News

Market Background

Australian dollar -0.1% to 64.84 US cents
Wall Street:
S&P 500 -1.1%, Dow Jones -1.8%, Nasdaq -1.3%
Europe: Stoxx 50 -1.3%
FTSE -0.4%
DAX -1.1%
CAC -1%
Bitcoin -0.3% to $US104,682
Spot gold +1.4% to $US3432.34 per ounce on Saturday
US oil +7.3% to $US72.98 a barrel on Saturday
Brent crude +7% to $US74.23 a barrel on Saturday
Iron ore -0.7% to $US93.85 per tonne
10-year yield: US 4.40% Australia 4.15% Germany 2.53%

News

Gold News

Recent gold news highlights a surge in prices driven by geopolitical tensions and economic factors. Gold prices in Dubai spiked to near-record highs, with 24-karat gold reaching Dh412.75 per gram (approximately $112.84), following Israel’s military strikes on Iran, boosting demand for safe-haven assets. Globally, spot gold hit a one-week peak at around $3,424.6 per ounce, up 1.2%, fueled by Middle East conflicts and expectations of Federal Reserve rate cuts. In India, gold prices crossed Rs 1,01,540 per 10 grams, a Rs 2,200 surge, driven by safe-haven buying amid the Israel-Iran conflict. Analysts note gold’s appeal as a hedge against market volatility, with prices up 29% in 2025, though jewelry demand has weakened due to high costs. Central banks are on track to buy 1,000 metric tons of gold in 2025, marking a fourth year of significant purchases to diversify reserves. Posts on X also reflect bullish sentiment, with some predicting gold could reach $4,000 per ounce, though such claims are speculative.

For investors, gold remains attractive but experts caution against over-allocation due to its volatility. Always verify market trends with trusted financial sources before making investment decisions. (Grok)

News

Best Quotes

“Gold is the money of kings.” – Anonymous.

“He who has the gold makes the rules.” – Unknown.

“Gold is a living god and rules in scorn, all earthly things but virtue.” – Percy Bysshe Shelley.

“Gold is a deep and liquid subject.” – Anonymous.

“Gold is forever.” – Anonymous

News

Best Quotes

"Journalism allows its readers to witness history; fiction gives its readers an opportunity to live it." - John Hersey

"In America, the president reigns for four years, and journalism governs forever and ever." - Oscar Wilde

"The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow" Rupert Murdoch

Markets and Cryptos

June 13, 2025

Markets

ASX futures up 48 points/0.6 per cent to 8607
AUD +0.5% to US65.30¢
Bitcoin -1.9% to $US106,805
Wall St:
Dow +0.2% S&P +0.4% Nasdaq +0.2%
VIX +0.73 to 17.99
Gold +1% to $US3388.31 an ounce
Oil +0.4% to $US70.06 a barrel
Iron ore -0.7% to $US94.45 a ton
10-yr yield: US 4.36% Australia 4.23%

Cryptos

Cryptos Today: (Near Live)

Bitcoin $106,586.75 USD -2.33%
Ethereum $2,662.28 USD -5.95%
Tether $1.00 USD +0.07%
XRP $2.21 USD -3.99%
BNB $657.30 USD -1.68%
Solana $153.75 USD -5.97%
USD Coin $0.9999 USD +0.05%
Dogecoin $0.1828 USD -6.65%
TRON $0.2722 USD -2.28%
Cardano $0.6651 USD -5.68%
Wrapped Bitcoin $106,528.01 USD -2.20%

News

Bitcoin fails to consolidate above $110K

Market Picture

The crypto market has lost 1.6% of its capitalisation over the past 24 hours to $3.39 trillion. Technically, this is a retreat from previous highs, which provided resistance. The sell-off was triggered by pressure on risky assets due to renewed tensions in the Middle East. However, this should be seen as a temporary setback.

Bitcoin fell below $108K, once again encountering a sell-off after touching $110K. This downward move caused a broad group of altcoins to give back some of their recent gains. Nevertheless, the sell-off appears to be limited and technical for now. The dollar's proximity to multi-year lows reinforces the bullish sentiment for the near term.

News Background

Bitcoin Core developers will remove the default limit on the amount of OP_RETURN data published in the v30 client release scheduled for October. The actual limit will be a block size of 4 MB.

The Ethereum Foundation team has published its first report as part of the Trillion Dollar Security initiative. Researchers have identified six key areas that require significant improvements to ensure the security of the network in the future.

The value of tokenised RWA assets has grown 245 times over the past five years to $21 billion, according to Coinbase. Private loans on the blockchain (61%) and US government bonds (30%) accounted for more than 90% of the RWA market share.

Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation (PF) as its first CEO and presented changes to the project's strategic priorities.

According to Bloomberg analyst Eric Balchunas, the SEC could approve spot ETFs based on a basket of cryptocurrencies as early as July and then decide on Solana-based funds. Another Bloomberg analyst, James Seyffart, does not expect a decision from the SEC before early October. (FxPro)

News

Oil jumps amid a bear market

Several pieces of bullish news converged on oil on Wednesday, causing prices to jump more than 6% during the day, but a 3% pullback on Thursday shows that bears are still in charge.

Among the important drivers for oil at the end of the day on Wednesday were reports of the evacuation of part of the US embassy in Iraq due to instability in the region. This is a reaction to Israel's intensified preparations for an attack on Iran, which sharply increases the risks of retaliatory measures and a reduction in oil supplies from the region.

In addition, news of a trade agreement between China and the US is positively impacting oil, potentially increasing energy demand and overall risk appetite.
Soft US inflation data also contributed to the dollar's weakening, facilitating oil price growth.

However, important industry indicators also emerged. Commercial crude oil inventories fell by 3.6 million barrels last week after declining by 4.3 million and 2.8 million barrels in the previous two weeks.

Earlier reports from Baker Hughes pointed to a significant reduction in active oil rigs to 442 (the lowest in almost four years) compared to an average of approximately 486 in March-April. This is a clear shift towards reduction after a period of stabilisation, which promises a decline in production in the coming quarters.

It appears that America will return to Saudi Arabia or OPEC+, which is the market share gained after 2020.

In its rise, the price of WTI crude oil approached the 200-day average, as we saw at the beginning of April. The impressive sell-off as it approached this level suggests that bears remain in control of the market, regardless of the news. Except for a couple of weeks at the beginning of the year, this downward trend line has acted as effective resistance since August last year. The bears' territory extends all the way to the $70 level, which, if broken, would be an important signal of a change in sentiment. Until then, the rise of oil may remain an opportunity to sell at a higher price. (FxPro)

News

Gold News

Gold Price Movements:

Gold prices have been volatile due to global economic uncertainties and trade tensions. On June 11, 2025, gold August contracts on the Multi Commodity Exchange (MCX) in India opened at ?97,249 per 10 grams, reflecting a rebound amid global uncertainties.

In the U.S., spot gold prices fell 1.1% to $3,316.13 per ounce on June 6, after a stronger-than-expected U.S. jobs report (139K jobs added in May) reduced expectations for Federal Reserve rate cuts. U.S. gold futures settled 0.8% lower at $3,346.60.

On June 12, gold prices in Chennai were reported at ?97,234 per 10 grams for 24-carat gold, with silver at ?1,06,900 per kg.

Gold has risen approximately 28-30% year-to-date in 2025, driven by geopolitical tensions and economic uncertainty, though it faced selling pressure after the U.S. jobs data.

Central Bank Gold Purchases:
Central banks globally are projected to buy 1,000 metric tons of gold in 2025, marking the fourth consecutive year of significant purchases as they diversify reserves away from U.S. dollar-denominated assets.

The European Central Bank noted that gold has surpassed the euro as the world’s second-most important reserve asset for central banks, signaling a shift in global financial strategies.

China’s Gold Strategy:
China is pursuing a strategy to weaken the U.S. dollar’s dominance by increasing gold reserves and promoting gold-based trade, including through the Shanghai Gold Exchange. In March 2025, the China Banking and Insurance Regulatory Commission mandated insurance firms to allocate at least 1% of their assets (worth over $4.5 trillion) to physical gold.

India’s Gold Market:
The Reserve Bank of India (RBI) has tightened rules for gold loan collaterals, impacting the gold loan market. India also maintains high import duties on gold, though the RBI continues to accumulate gold reserves.

On June 3, 2025, 24-carat gold in India increased by ?282 to ?96,962 per 10 grams, while silver rose by ?2,178 to ?99,939 per kg. Gold remains ?2,138 below its April 22 peak of ?99,100 per 10 grams.

Silver Outperformance:
Silver prices have surged, reaching above $36.06 per ounce on June 6, the highest since February 2012, driven by technical momentum and investor interest in precious metals as safe-haven assets. Silver has gained over 20-25% in 2025 but trails gold’s 28-30% rise.

U.S. Gold Reserves Audit:
U.S. Congressman Thomas Massie introduced legislation to audit America’s gold reserves at Fort Knox, the first comprehensive audit since 1953. Posts on X suggest controversy, with some claiming U.S. Treasury officials resisted the audit, raising speculation about the reserves’ status. However, these claims are unverified and inconclusive.

Investment Trends:
Gold funds saw their first outflow in 15 months ($678 million in May), as investors shifted toward crypto and other assets for diversification amid easing trade tensions.

Experts recommend holding 5-20% of portfolios in gold to hedge against inflation and volatility, with some predicting further price increases due to potential trade tariffs and economic policies.

Other Developments:
Tanzania plans to mandate that large-scale miners refine and trade at least 20% of their gold output domestically.

Concerns about illegal gold mining in South Africa persist, with a focus on a fugitive alleged kingpin linked to a disused mine where 78 corpses were found.

Note: Gold prices are influenced by factors like U.S. dollar strength, Federal Reserve policies, geopolitical tensions (e.g., U.S.-China trade disputes), and potential tariff impacts. Investors are advised to consult certified experts before making investment decisions. (Grok)

News

Best Quotes

“Gold is the money of kings.” – Anonymous.

“He who has the gold makes the rules.” – Unknown.

“Gold is a living god and rules in scorn, all earthly things but virtue.” – Percy Bysshe Shelley.

“Gold is a deep and liquid subject.” – Anonymous.

“Gold is forever.” – Anonymous

News

Best Quotes

"Journalism allows its readers to witness history; fiction gives its readers an opportunity to live it." - John Hersey

"In America, the president reigns for four years, and journalism governs forever and ever." - Oscar Wilde

"The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow" Rupert Murdoch

Markets and Cryptos

ASX futures up 29 points/0.3% to 8625
AUD +0.1% at US65.23¢
BTC +0.9% to $US109,663
Dow +0.1%
S&P +0.4%
NAS +0.5%
Gold +0.2% to $US3332.66 an ounce
Oil -0.6% at $US66.61 a barrel
Iron ore -0.4% at $US94.35 a ton

Cryptos Today: (Near Live)

Bitcoin $109,602.86 USD +0.71%
Ethereum $2,760.81 USD +6.83%
Tether $1.00 USD-0.12%
XRP $2.29 USD -0.23%
BNB $669.38 USD +1.02%
Solana $163.85 USD +4.64%
USD Coin $0.9998 USD -0.01%
Dogecoin $0.1944 USD +3.77%
TRON $0.2908 USD +0.95%
Cardano $0.7079 USD +3.22%
Wrapped Bitcoin $109,668.98 USD +0.92%

News

Bitcoin lags S&P; Ethereum is pumping up with new money
The paths of Bitcoin and US stock indices seem to have diverged in June. The S&P 500 rose for several consecutive trading sessions thanks to the de-escalation of trade conflicts, the strength of the US economy and positive corporate reporting. The first digital coin came under pressure due to capital flowing to Ether, doubts about the effectiveness of new stablecoins legislation and conflicts of interest. Donald Trump's family is becoming increasingly involved in the crypto business. An affiliate company has announced the purchase of Bitcoin through the issuance of securities, and the president's sons intend to launch their own Bitcoin ETF. As a result, digital assets are perceived as Trump's personal interest.

Ether, which has been in the shadows for a long time, is now leaping forward. Over the past two weeks, Ethereum ETFs have attracted $812 million, the biggest amount since the beginning of this year.

Investors are increasingly sceptical that new legislation on stablecoins will protect them from fraudsters. Despite stricter rules and regulations, Germany saw an 8% increase in reports of suspicious activity involving cryptocurrencies in 2024.

Dark clouds were gathering over Bitcoin, but the Strategy report catalysed a rebound. The company has been buying digital assets through the issuance of securities since 2020 and owns 582 thousand Bitcoins worth almost $64 billion, with an average purchase price of around $ 70 K. Strategy has many followers, fuelling demand for crypto and allowing it to grow. As a result, the correlation between BTCUSD and US stock indices began to recover. Both Bitcoin and the S&P 500 are risky assets. Therefore, the improvement in global risk appetite against the backdrop of the resumption of trade negotiations between the US and China supports the cryptocurrency rally. The record high of around $112K is within reach. Breaking this record will attract new buyers to the market and contribute to the continuation of the upward trend for Bitcoin. (FxPro)

News

Market Trends: The crypto market is showing signs of recovery after a volatile period. Bitcoin (BTC) is trading near $100,000 following a 3% pullback, while Ethereum (ETH) and XRP have seen declines of 8% and 5%, respectively, after Circle’s IPO on June 5. Institutional inflows and easing U.S. regulatory concerns are driving optimism, with the total market cap at $3.3 trillion despite tariff-related uncertainties.

Stablecoin Developments: Societe Generale became the first major bank to launch a dollar-pegged stablecoin, signaling mainstream financial adoption. Circle, issuer of USDC, saw its shares soar 168% post-IPO, boosting interest in stablecoins for remittances and e-commerce. However, regulators warn of potential market stability risks.

Bitcoin Outlook: Analysts are bullish on Bitcoin, with predictions suggesting a rally past its all-time high of $111,980 if it breaks $112,000 resistance. Arthur Hayes noted that the Bank of Japan’s June meeting could trigger a rally if quantitative easing resumes. Corporate treasuries and spot ETFs for Solana and XRP are also supporting bullish sentiment.

Regulatory Moves: The UK is lifting its ban on retail investors buying crypto exchange-traded notes (ETNs), aligning with U.S. regulatory approaches. In the U.S., the GENIUS Act for stablecoin regulation faces opposition from Senator Josh Hawley, who fears it favors Big Tech.

Security Concerns: A wave of “crypto kidnappings” targeting executives has raised alarms, with a notable case in France involving Paymium’s CEO. Coinbase reported a data breach exposing 70,000 customers’ personal information, increasing risks of extortion.

Other Highlights: Gemini, run by the Winklevoss twins, has filed for a U.S. IPO, capitalizing on market momentum. India’s RBI maintains its strict crypto stance despite Supreme Court pushback, while JPMorgan is expanding crypto services for ETF financing. (Grok)